Amazon raises $10 billion（約1.6兆円） in Canadian bonds to help fund its $200 billion（約32兆円） AI infrastructure spending plan.

What happened

On June 8, Amazon completed the sale of C$14 billion（約2.2兆円） ($10 billion（約1.6兆円）) in investment-grade bonds in Canada, marking the largest corporate bond offering in Canadian dollars. The bonds were offered across five tranches with maturities ranging from 3 to 30 years.

Why it matters

Amazon is rapidly expanding its spending on AI and cloud computing infrastructure, having already announced plans to spend about $200 billion（約32兆円） on data centers, chips, and related infrastructure. The company has borrowed more than $70 billion（約11兆円） since the start of 2025 to finance this expansion, and this bond offering shows it is diversifying its funding sources to support the growth strategy.

What to watch

The longest-maturity tranche carries a yield of 1.10% above government bonds. The offering drew C$28 billion（約4.5兆円） in orders from investors, indicating strong demand for Canadian dollar-denominated corporate debt.