Amazon closes four-tranche note offering totaling £4.25 billion in senior debt
Amazon.com, Inc. closed the sale of £4.25 billion aggregate principal amount across four tranches of senior notes.
Amazon.com, Inc. (AMZN) closed the sale of £4.25 billion in aggregate principal amount of senior notes across four tranches, according to a regulatory filing on Monday, Sept. 14, 2026. The offering, announced on Tuesday, Sept. 9, 2026, brought in estimated net proceeds of approximately £4.235 billion after underwriting discounts.
Key takeaways
- Amazon closed £4.25 billion in total aggregate principal across four note tranches.
- The offering raised estimated net proceeds of approximately £4.235 billion.
- Notes were issued pursuant to an underwriting agreement dated Sept. 9, 2026.
- Maturities span from 2029 through 2045 with coupons ranging from 5.200% to 6.650%.
Note terms and tranches
The four-tranche debt offering includes £1.25 billion of 5.200% notes due 2029, £1 billion of 5.550% notes due 2032, £1 billion of 6.250% notes due 2038, and £1 billion of 6.650% notes due 2045. The aggregate public offering price for the notes reached £4.242 billion, with the final terms established via an officers' certificate dated Sept. 14, 2026.
Indenture and trustees
The notes were issued under an indenture dated Nov. 29, 2012, between Amazon and Wells Fargo Bank, National Association, as trustee. The agreement was later amended and supplemented on April 13, 2022, introducing Computershare Trust Company, National Association, as successor trustee alongside the prior trustee.
Why it matters
The debt issuance taps international capital markets for over £4.2 billion in funding with maturities stretching up to two decades. The filing did not disclose the specific intended use of proceeds from the note sale.
By the numbers
| Metric | Value | Source |
|---|---|---|
| 2029 Notes Principal | £1,250,000,000 | 8-K Filing |
| 2029 Notes Coupon | 5.200% | 8-K Filing |
| 2032 Notes Principal | £1,000,000,000 | 8-K Filing |
| 2032 Notes Coupon | 5.550% | 8-K Filing |
| 2038 Notes Principal | £1,000,000,000 | 8-K Filing |
| 2038 Notes Coupon | 6.250% | 8-K Filing |
| 2045 Notes Principal | £1,000,000,000 | 8-K Filing |
| 2045 Notes Coupon | 6.650% | 8-K Filing |
| Public Offering Price | £4.242 billion | 8-K Filing |
| Estimated Net Proceeds | £4.235 billion | 8-K Filing |
Remaining agreements and closing terms
The sale was registered under a Form S-3 registration statement filed with the Securities and Exchange Commission on Feb. 6, 2026. Legal opinions regarding the transaction were provided by Gibson, Dunn & Crutcher LLP.