Amazon delivers $10bn as ‘grabby market’ beats 2019

By David Rothnie
04 Jun 2020

Amazon made a triumphant return to the dollar bond market this week as supply moved within touching distance of the total for 2019 amid red-hot demand.

Eighteen borrowers took home $26bn in the first three days of the week as investors poured cash into trades. With more than $615bn of dollar supply printed between March 1 and May 31, the market had been showing signs of indigestion. But credit investors appeared to have a ...

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