Amazon.com Inc. sold its first Swiss franc bonds across a record six tranches, as Big Tech looks beyond its regular debt markets to raise funds.
The company raised 2.82 billion Swiss francs ($3.6 billion) from debt due in three, six, nine, 12, 18 and 25-years, according to a person familiar with the matter who asked not to be identified. The offering size was increased several times through book-building, with spreads on all tranches pricing around the mid-point of ranges offered during initial price discussions.
It’s the latest in a string of high-profile sales in the currency from firms including Alphabet ...
