Amazon seized the opportunity to issue $54 billion in global bonds.
This week, banks collectively sold $54 billion worth of Amazon bonds. With the escalating situation in the Iran war, these banks clearly conveyed their sales strategy: in an increasingly unpredictable world, Amazon is a reliable choice. Investors seem to be listening. The company borrowed $37 billion in the United States on Tuesday, issued in 11 parts, receiving orders of up to $126 billion from fund management companies, close to a historical high. On Wednesday, it also sold 14.5 billion in the Euro bond market, the largest corporate bond issuance in the Eurozone's history.
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