Amazon raises almost $6 billion in first sterling bond sale, lead manager says

Amazon AMZN.O raised £4.25 billion ($5.76 billion) from its first-ever sterling bond sale on Wednesday, slightly more than initially expected, according to a bank managing the deal, as hyperscalers rush to diversify their funding sources to finance the AI boom.

The deal is the latest example of how hyperscalers are increasingly selling bonds across markets outside of the U.S. this year, from euros to Swiss francs and the yen given their huge funding needs.

They have already issued more than $200 billion of debt this year, more than doubling from the whole of 2025, according to LSEG data.

Amazon saw final demand of more than £10.65 billion for the four-part deal, according to one of the lead managers.

This was slightly lower than around the it saw before lead banks tightened pricing. Amazon will raise from the three-year bond sale, and from six-, 12- and 19-year bonds, the lead manager said.