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Amazon Raises $3 Billion in First Bond Offering in Decade

Amazon.com Inc., the world’s largest online retailer, issued $3 billion of debt to help finance the purchase of its Seattle headquarters in its first bond offering for more than a decade.

Amazon, which had no bonds outstanding, sold $750 million of 0.65 percent three-year notes that yield 38 basis points more than similar-maturity Treasuries, $1 billion of 1.2 percent five-year debt with a 63 basis-point spread and $1.25 billion of 2.5 percent securities maturing in 10 years that yield 93 basis points more than benchmarks, according to data compiled by Bloomberg. A basis point is 0.01 percentage point.