Today’s Amazon news spans a wide gamut. Yesterday, the company quickly completed their largest debt offering ever, raising $16 billion in seven tranches — ranging from three-year to 40-year notes — with “strong demand” from investors rewarding the company. They are reported to have paid approximately 90 basis points (o.9%) above what the US government pays to borrow money on the 10-year issue. The Whole Foods purchase will cost $13.7 billion, so analysts infer that Amazon is preparing itself for additional acquisitions and/or continued aggressive investment in its buildout. The company also has over $21 billion in cash. (As readers […]
