Amazon Issues GBP Bonds Amid Rising Debt Costs
Amazon.com Inc (AMZN) is planning its first GBP bond issuance amid rising debt costs, according to recent announcements. The transaction is expected to launch soon, marking a significant step for the company as it continues to diversify its funding sources.
The move follows Amazon's earlier issuance of euro-denominated bonds in 2026, which set a record for the largest corporate bond issuance in euros. This latest development signifies Amazon's commitment to expanding its financial flexibility and tapping into different currency markets.
Amazon has issued over $92 billion in bonds in 2026 alone, making it the largest bond issuer among major cloud service providers. However, the company is currently facing a cooling demand for its bonds, leading to wider credit spreads and increased financing costs.