Amazon Seized Brief Window for $54 Billion Global Bond Sale
The banks selling $54 billion of Amazon.com Inc. bonds this week as the war in Iran intensified settled on a clear sales pitch: the company is a safe bet in a world that’s becoming less predictable.
Investors seemed to listen. The company borrowed $37 billion on Tuesday in the US in 11 parts, garnering as much as $126 billion of orders from money managers, close to a record. On Wednesday, it sold another €14.5 billion ($16.8 billion) in its euro bond market debut, the biggest ever company note sale in the currency.
