Amazon has agreed to borrow $17.5 billion in new debt through a delayed-draw term loan led by Citigroup, according to reporting from multiple outlets. The loan is structured so that Amazon can draw the funds through the end of September, with each borrowing tranche having a three-year repayment window. Banks involved also include JPMorgan Chase, Bank of America, HSBC, and Wells Fargo, among others.
The new financing adds to Amazon’s broader borrowing activity tied to expanding AI capabilities and related infrastructure. One report notes that the company is “fresh off” a prior bond sale, and frames the latest loan as part of a continuing cycle of fundraising as spending on AI programs remains elevated.
Another outlet adds that Amazon’s total borrowing now stands above $225 billion when the new $17.5 billion is included. Taken together, the coverage describes a steady pace of debt issuance and bank lending aimed at supporting large-scale AI buildout efforts.
