Amazon is preparing to issue its first Swiss franc bonds as it funds ongoing artificial intelligence spending, according to multiple reports. Bloomberg says the company is moving into new debt markets and has started the sale of a debut Swiss franc bond issue designed as a record-sized, multi-tranche transaction. Another Bloomberg report describes the offering as a six-part deal, with the sale kicked off as part of the company’s broader shift toward borrowing in multiple currencies.
The Next Web adds further deal details, stating that major banks including BNP Paribas, Deutsche Bank, and JPMorgan have been given mandates for the transaction. It also reports that the maturities span from three years to 25 years, reflecting a range of tenors within a single issuance.
The coverage situates the bond sale within a wider pattern among hyperscalers: large technology companies are increasingly tapping international bond markets to support AI-related capital expenditure. The Next Web also references recent activity from Alphabet, which issued record-sized Swiss franc debt earlier in the year, and links Amazon’s transaction to its prior large-scale U.S. dollar borrowing.
