Amazon raises $3bn through bonds

In a move that will set traditional publishers a-tremble with even more fear, Amazon has raised $3bn through a bond sale. Maybe it will be able to afford some more corporation tax, now?

by Michael Northcott

Amazon took advantage of record low borrowing costs on Monday, raising more than $3bn in a bond offering to offset the costly effect of a massive investment drive. 

It sold $750m of three-year notes at a rate of 0.65%, $1bn of five-year notes at a rate of 1.2% and a further $1.25bn of 10-year bonds at a rate of 2.5%. 

Moody’s gave the bonds a ‘Baa1’ rating, saying that Amazon’s ‘good liquidity and strong balance sheet’ made it a solid investment. But last quarter, firm posted a loss, meaning the rating was not as high as it could have been.

Sign in to continue

Sign in

Trouble signing in?

Reset password: Click here


Call: 020 8267 8121



  • Up to 4 free articles a month
  • Free email bulletins

Register Now

Get 30 days free access

Sign up for a 30 day free trial and get:

  • Full access to
  • Exclusive event discounts
  • Management Today's print magazine

Join today