Amazon Raises $10-Billion In The Bond Market
Video Credit: Wochit News - Duration: 00:28s - Published
Amazon Raises $10-Billion In The Bond Market
Market Insider reports that Amazon raised $10 billion in corporate debt markets Monday.
That includes a $1 billion bond yielding just 0.4%.
According to the Financial Times reported that this was the lowest interest rate for any bond in US corporate history.
Amazon has clearly come out as a winner during the pandemic.
It saw its $10 billion offering being oversubscribed by more than three times, the FT said.
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