TechFlow News, March 10: Amazon (AMZN.O) is returning to the bond market, joining a wave of corporate financing driven by the artificial intelligence boom. According to sources familiar with the matter, the company plans to issue bonds across up to 11 maturities, ranging from two to 50 years. Preliminary pricing discussions for the longest-dated tranche—maturing in 2076—indicate a spread of approximately 155 basis points over U.S. Treasury yields.
HSBC Holdings, Citigroup, Goldman Sachs Group, and JPMorgan Chase will serve as joint bookrunners for this bond offering. This marks the latest in a recent series of large-scale bond issuances by major cloud computing companies, which are preparing to invest hundreds of billions of dollars in AI infrastructure. So far, investor demand remains robust, with recent bond offerings seeing subscription volumes multiple times the size of the issuance amounts. (Jinshi)
