March 10 (Reuters) – Amazon.com is targeting about $37 billion to $42 billion in its latest bond sale, Bloomberg News reported on Tuesday, citing people familiar with the matter.
The reported figures will mark one of the latest corporate bond offerings as the company finances its spending on building artificial intelligence infrastructure.
The company offers bonds in both dollars and euros, Bloomberg News reported.
Amazon Web Services’ parent is marketing 11 tranches of U.S. senior-grade bonds, according to a regulatory filing with the SEC.
Amazon did not immediately respond to a Reuters request for comment.
The company’s deal is the latest in a series of massive bond issuances by hyperscalers, as they prepare to invest hundreds of billions of dollars in AI infrastructure.
Investor appetite for high-grade corporate debt remains strong, with major technology exporters attracting significant attention as investors seek relatively safe yields.
Bond markets have been receptive to jumbo offerings this year, especially from cash-rich hyperscalers looking to finance their long-term AI and cloud infrastructure.
Analysts say that the strong credit profile of such technology companies and their central role in the development of AI have helped to maintain investor demand for their debt.
In February, Google parent Alphabet raised about $32 billion in high-grade bond markets in the U.S. and Europe, including a rare 100-year bond, the technology industry’s first since Motorola’s issuance in 1997, according to LSEG data.
Meanwhile, Oracle said last month that it expects to raise $45 billion to $50 billion in 2026 by using a combination of debt and stock sales to build additional capacity for its cloud infrastructure.
Amazon last hit the market in November, with a $15 billion bond issue, the first U.S. bond sale in three years.
(Reporting by Akash Sriram in Bengaluru; Editing by Shinjini Ganguly)
