Amazon is set to issue an 8-tranche investment-grade bond offering, aiming to raise at least $25 billion.

BlockBeats News, July 7th, Amazon has returned to the U.S. bond market to raise funds for its artificial intelligence infrastructure. According to sources, the company will issue 8 benchmark bonds with maturities ranging from 3 years to 40 years. The longest-dated bond (maturing in 2066) was initially priced at about 1.45 percentage points above U.S. Treasuries. It is reported that this USD bond issuance will raise at least $25 billion.

Barclays, Goldman Sachs, JPMorgan, and Morgan Stanley are in charge of managing this bond issuance. The proceeds will be used for general corporate purposes, which may include debt repayment, acquisitions, and capital expenditures. This is the latest example of a series of large-scale bond issuances by major cloud computing companies. These companies are investing tens of billions of dollars in AI infrastructure. So far, investors have been actively subscribing, with subscription levels exceeding the issuance size several times over. (Jinse)