Amazon Issues Record $25B Debt Amid Growth Fueled by AWS

Amazon has issued US$25 billion in debt this month, making it the most active corporate issuer.

The company's operating income rose by 43% year-on-year to US$27.5 billion in its Q2 results.

The fixed-rate notes have been issued with maturities between 2029 and 2066, and stated interest rates range from 4.60% to 6.25%

Fitch Ratings assigned the notes AA- with a stable outlook, while Moody’s published a report on the debt issue.

Chief financial officer Brian Olsavsky emphasized that Amazon has various options for funding its growth, including debt issuance and other means.