What will Amazon do with $3 billion in nearly free money? – Fortune Tech

It raised $3 billion in debt at ultra-low interest rates. Spread across three tranches of bonds that mature over 6 ½ years, Amazon will pay an average of 1.6%, which makes the loan nearly cost-free to Amazon, factoring in inflation. The unexpected debt-capital raise, Amazon’s first in 15 years, double’s Amazon’s cash stockpile. 

What will Amazon do with $3 billion in nearly free money? – Fortune Tech

 

 

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