Amazon's Debut Sterling Bond Sale Launches This Week
Amazon has mandated banks to manage its debut sterling bond sale, which is expected to launch as soon as Wednesday. The deal will offer tranches ranging from three years to 19 years.
The company has chosen JPMorgan Chase & Co., Barclays Plc, HSBC Holdings Plc, and Natwest Group Plc to manage the deal.
Hyperscalers like Amazon are raising debt across the globe to fund their artificial intelligence buildout. This trend is expected to continue as companies invest in AI technology.