E-commerce giant Amazon (AMZN) says it plans to raise another $25 billion U.S. through a corporate bond sale.
The new bond sale comes as Amazon continues its massive investments in artificial intelligence (A.I.). The company’s capital expenditures this year are pegged at $200 billion U.S.
However, Amazon said that this is its final debt issuance of the year and that it does not plan to issue any more debt in 2026.
The technology giant has already raised $54 billion U.S. from bond sales in the U.S. and Europe. The company also raised $10 billion U.S. through a Canadian bond sale in June.
Mega-cap technology companies are turning to the bond market to raise money and fund their aggressive spending on A.I. infrastructure.
Nvidia (NVDA), Alphabet (GOOGL), and Meta Platforms (META) have also issued corporate bonds in recent months.
Amazon said proceeds from its final bond sale of the year will be used for general corporate purposes, which could include funding future capital projects.
AMZN stock has gained 10% in the last 12 months to trade at $243.62 U.S. per share.
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