Amazon Issues Longest 50-Year Bond to Fund AI Development

[March 10] — Amazon is tapping the bond market again with a massive cross-border issuance, Bloomberg reported, adding fuel to an AI-fueled corporate borrowing spree. Sources familiar with the deal said the e-commerce and cloud giant will offer up to 11 tranches of U.S. investment-grade bonds, with maturities spanning 2 to 50 years. Initial pricing discussions for the longest-dated note (maturing in 2076) indicate a spread of roughly 1.55 basis points over U.S. Treasuries, the source added, requesting anonymity due to the sensitive nature of the information. HSBC Holdings, Citigroup, Goldman Sachs and JPMorgan are underwriting the sale. The issuance marks the latest in a string of large bond offerings by major cloud computing firms ramping up to invest billions in AI infrastructure. To date, investor demand remains robust, with recent deals seeing subscription levels multiple times the issuance size.