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Amazon Inks $17.5 Billion Loan as AI Borrowing Frenzy Ramps Up

Amazon Inks $17.5 Billion Loan as AI Borrowing Frenzy Ramps Up
Bloomberg Markets Wednesday 10 June 2026, 13:59 UTC By Davide Barbuscia 1 min read
Key Points

Deals Amazon Inks $17.5 Billion Loan as AI Borrowing Frenzy Ramps Up Soon after selling the biggest Canadian corporate bond sale on record, Amazon.com Inc. inked another multi-billion dollar financing as spending on artificial intelligence soars. A group of banks including Citigroup Inc. have agreed to make a $17.5 billion term loan available until the end of September, according to a filing on Wednesday. Every time the company borrows under the delayed draw loan, it has three years from the...

Deals Amazon Inks $17.5 Billion Loan as AI Borrowing Frenzy Ramps Up Soon after selling the biggest Canadian corporate bond sale on record, Amazon.com Inc. inked another multi-billion dollar financing as spending on artificial intelligence soars. A group of banks including Citigroup Inc. have agreed to make a $17.5 billion term loan available until the end of September, according to a filing on Wednesday. Every time the company borrows under the delayed draw loan, it has three years from the date of the borrowing to repay the money.
Amazon Inks (ORG) Amazon (ORG) Canadian (ORG) Amazon.com Inc. (ORG) Citigroup Inc. (ORG)
Originally published by Bloomberg Markets Read original →

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