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Amazon Seizes Sales Opportunity With $8.25 Billion of Bonds

  • Proceeds may be used in part to repay debt, for acquisitions
  • Amazon last sold bonds in April in a $12.75 billion deal
Updated on Inc., the world’s second-largest company by revenue, sold $8.25 billion of investment-grade bonds before any potential increase in inflation worries reduces investors’ craving for highly rated debt.

The online retailer was one of 11 companies in a busy bond market on Tuesday ahead of anticipated volatility. Federal Reserve Chairman Jerome Powell is scheduled to speak Wednesday, with key inflation data to follow Thursday and the monthly US employment report on Friday.