Amazon Plans Debut Sterling Bond Offering
Summary
Amazon is preparing to issue its first-ever pound-denominated bonds with maturities ranging from 3 to 19 years.
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Amazon is set to enter the British debt market with its debut bond issuance denominated in pounds sterling. The transaction is expected to take place on Wednesday.
The tech giant plans to offer notes with various maturities, spanning from 3 to 19 years.
This move enables Amazon to diversify its funding sources and tap into liquidity from European and international fixed-income investors.
Source: Kapital.kz
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