Amazon filed plans Tuesday for an eight-part bond sale targeting at least $25 billion, as the company continues to fund a large-scale artificial intelligence infrastructure buildout.
Bloomberg reported that investor demand may push the final figure higher than the $25 billion minimum
Amazon also told its underwriters it does not plan to issue additional debt this year. A company spokesperson told CNBC that any money raised is earmarked for broad corporate needs, a category that can encompass new investments, capital expenditures down the road, and paying off existing debt. “We regularly evaluate our operating plan and make financing decisions, like issuing bonds, accordingly,” the spokesperson said. According to Amazon’s SEC filing, the deal’s underwriting duties are shared among Barclays, Goldman Sachs, J.P.
Morgan, and Morgan Stanley. Maturities on the notes span from three years out to 40 years, Bloomberg reported, with that outlet also being the first to put a dollar figure on the deal, citing people it did not identify by name. The new offering follows a substantial debt-raising push earlier in 2026.