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Amazon Turns to Debt Markets to Fund Whole Foods Deal

Moodys says bond issue could total up to $16B.

By Molly Smith, Bloomberg | Updated on August 15, 2017

Amazon.com Inc. is turning to the debt markets to fund the acquisition of Whole Foods Market Inc. and power Jeff Bezos’s planned conquest of the supermarket business.

The world’s largest online retailer is selling unsecured bonds in as many as seven parts, according to a person with knowledge of the matter. The longest portion of the offering, a 40-year security, may yield 1.6 percentage points to 1.65 percentage points above Treasuries, said the person, who asked not to be identified as the deal is private.

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