Amazon raises C$14 billion in the largest Canadian dollar bond sale on record to fund AI infrastructure

Amazon is raising C$14 billion, approximately $10 billion, through investment-grade bonds denominated in Canadian dollars to fund AI infrastructure. This transaction represents the largest corporate bond offering ever in this currency, surpassing the C$8.5 billion raised by Alphabet one month prior. The offering is composed of five tranches of senior unsecured notes with various maturities. This record-breaking deal highlights Amazon's significant financial commitment to expanding its artificial intelligence capabilities through the Canadian debt market.