Amazon Smashes Euro Bond Record With $53.8B Debt Spree
Amazon raised €14.5B in its first-ever euro bond sale, capping a week where it pulled in over $53B in debt markets.
Amazon just made European bond market history. The tech giant raised €14.5 billion ($16.8 billion) in its debut euro-denominated bond offering — the largest corporate deal ever in the currency.
That's on top of the $37 billion it raised in a dollar bond offering just days earlier. Combined, Amazon has pulled in roughly $53.8 billion in a single week of debt market activity.
The sheer scale is staggering. The euro deal alone eclipses previous records for corporate bond issuances in the currency. Amazon clearly found massive appetite among European investors eager to hold its debt.
What Amazon plans to do with all that capital remains the big question. But when you're raising north of $50 billion in bonds across two continents in one week, you're not thinking small.