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Business · 1 hour ago

Amazon sells its first ever bonds in British pounds

Amazon sells its first ever bonds in British pounds

Amazon has started selling bonds in British pounds for the first time, adding to its existing euro and Swiss franc funding. Amazon's move follows Alphabet, which raised £5.5 billion in sterling bonds in February, including a 100-year bond. The tech industry has raised over $200 billion in debt this year, more than double last year's total, to fund AI infrastructure.

Reported by blockonomi.com · How we write briefs

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