Amazon shatters record in Canada’s “maple bond” market
Amazon has set a record in the Canadian corporate bond market by issuing CA$14 billion ($10.04 billion) of Canadian dollar-denominated notes, according to a new Securities and Exchange Commission filing. The five-part deal officially eclipses the previous record of CA$8.5 billion established just last month by Alphabet.
This massive push comes as hyperscalers aggressively diversify funding to bankroll historic AI capital expenditure, a strategy mirrored by Alphabet’s parallel expansion into European debt markets to fuel its soaring infrastructure demands.