Amazon Secures $8 Billion Term Loan

Amazon Secures $8 Billion Term Loan
The logo of Amazon at the company's logistics center in Bretigny-sur-Orge, near Paris on Nov. 25, 2022. Benoit Tessier/Reuters
Reuters
Updated:

Amazon.com Inc. said on Tuesday it had reached an agreement with certain lenders to provide the e-commerce giant an $8 billion unsecured loan.

The term loan will mature in 364 days, with an option to extend for another 364 days and the proceeds would be used for general corporate purposes.