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Amazon raises $16 billion to fund Whole Foods acquisition with debt that includes 40-year bond

August 16, 2017

Via: CNBC

Amazon.com priced a $16 billion private debt offering on Tuesday to fund its planned acquisition of Whole Foods Market.

It is the fourth-largest high-grade debt offering this year, according to Informa Global Markets. It will be broken into seven parts ranging from three-year notes to 40-year notes, analysts said.

Bank of America Merrill Lynch, Goldman Sachs and JPMorgan Chase are the lead underwriters of the deal, they said.

Amazon was set to raise the offering amid high demand, analysts said.

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