Amazon taps sterling bond market for the first time as tech giant’s 2026 borrowing spree tops $80B

Amazon is preparing to sell bonds denominated in British pounds for the first time ever, with the deal expected to launch as soon as Wednesday. It’s the latest stop on what has become a world tour of international debt markets for the tech giant in 2026. The sterling bond sale adds yet another currency to Amazon’s rapidly expanding borrowing portfolio this year. The company has already raised record-breaking sums in euros, Swiss francs, and Canadian dollars, pushing its total 2026 borrowing past $80 billion and cementing its status as one of the most prolific corporate bond issuers on the planet. A year of record-breaking debt issuance Amazon’s appetite for capital in 2026 has been nothing short of extraordinary. The company kicked things off in March with a debut euro bond sale that raised a staggering 14.5 billion euros, the largest-ever inaugural issuance in that currency. In May, Amazon followed up by tapping Swiss franc markets, raising 2.82 billion francs spread across six separate tranches. Then came June, when the company pulled off a record C$14 billion bond issuance in Canada. While specific details on the sterling deal’s size, pricing, and which banks have been mandated ...