Amazon secured a $17.5 billion delayed-draw term loan from a consortium led by Citigroup and JPMorgan, following a $14 billion Canadian bond sale for a combined $31.5 billion capital injection for general corporate purposes. The funding boosts its financial flexibility to expand AI-focused infrastructure without upfront interest payments.
Amazon has drawn a $17.5 billion delayed-draw term loan from a syndicate of major banks, enabling the company to access funds on its own timeline rather than as a lump sum. This follows a $14 billion Canadian bond offering completed days earlier, bringing total proceeds to $31.5 billion earmarked for general corporate purposes.
The flexible financing structure reduces immediate interest expenses and preserves liquidity, allowing Amazon to deploy capital when needed. The funds are positioned to support AWS capacity expansion, including high-performance chips, server purchases and new data center construction to enhance artificial intelligence services.
This marks one of the largest tech-sector debt financings completed within a 48-hour window, underscoring an industry trend toward aggressive capital raising. Amazon’s move parallels Alphabet’s recent $80 billion equity raise and signals intensified investment by leading cloud providers in AI infrastructure.
