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Amazon Fills Coffers Before Headquarters Deal: Corporate Finance

Amazon.com Inc. raised $3 billion in the bond market after an absence of more than a decade as its planned headquarters purchase is pushing capital spending beyond the cash it generates for the first time since 2001.

The world’s largest online retailer issued three-, five-and 10-year debt yesterday in its first dollar-denominated offering since 1999, according to data compiled by Bloomberg. Proceeds will help fund the $1.16 billion purchase of Amazon’s corporate base, Moody’s Investors Service said in a report.