Amazon raises $3bn in a rare bond offering

Web giant goes beyond its usual Cyber Monday deals with a different type of offering: debt

Amazon.com went beyond its usual Cyber Monday deals with a different type of offering: debt.

The Seattle-based web giant yesterday tapped capital markets with its first bond offering in nearly 15 years, raising $3bn for what it said were "general corporate purposes". Among other things, the company is set to complete the purchase of a headquarters complex for $1.16bn by year-end.

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