Amazon Plans Debt Offering to Finance Whole Foods Deal - News Summed Up

Amazon Plans Debt Offering to Finance Whole Foods Deal


Amazon.com Inc. is on track to sell as much as $16 billion of bonds Tuesday to help fund its purchase of Whole Foods Market Inc., making a relatively rare trip to the debt market as it looks to become a major player in the grocery industry. Amazon is expected to draw large demand for its bond offering, some investors said. The company is already a dominant figure in the retail sector, generating billions of dollars in cash flow...


Source: Wall Street Journal August 15, 2017 15:30 UTC



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