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Published on 12/1/2014 in the Prospect News Investment Grade Daily.

Amazon talks five-part offering of senior notes for Tuesday pricing

By Aleesia Forni

Virginia Beach, Dec. 1 – Amazon.com, Inc. is expected to price an offering of senior notes (Baa1/AA-/) in five maturities on Tuesday, according to an informed source and a 424B5 filing with the Securities and Exchange Commission.

The sale is expected to include five-year notes talked in the 105 basis points area, seven-year notes talked in the area of 135 bps over Treasuries, 10-year notes talked at the 155 bps area over Treasuries, 10-year notes talked in the 185 bps area over Treasuries and 30-year bonds talked in the 205 bps area over Treasuries.

Bookrunners are Morgan Stanley & Co. LLC, BofA Merrill Lynch, Deutsche Bank Securities Inc. and HSBC Securities (USA) Inc.

Proceeds will be used for general corporate purposes.

The online retailer is based in Seattle.


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