Amazon lines up at least $25B bond sale and rules out further debt this year

Amazon intends to sell at least $25 billion in bonds across eight tranches to help finance its ongoing artificial intelligence infrastructure expansion, sources told CNBC's David Faber.

Amazon plans at least $25 billion bond offering. The e-commerce and cloud giant filed plans with the SEC on Tuesday that omitted the size of the deal. Bloomberg first disclosed the target amount.

The offering represents the latest move to shore up funding for the company's heavy spending on artificial intelligence.

Company commits to no further debt issuance this year. Amazon has informed its underwriters it will not issue any more debt in 2026, according to people familiar with the matter who asked not to be named because the details are private. That follows earlier 2025 debt sales of roughly $54 billion in the U.S. and Europe plus a $10 billion raise in Canada in June.

Proceeds earmarked for general corporate purposes. An Amazon spokesperson told CNBC that the funds will be used for general corporate purposes, which could include supporting investments, funding future capital expenditures and debt repayment. "We regularly evaluate our operating plan and make financing decisions, like issuing bonds, accordingly," the spokesperson said.

CNBC's Jim Forkin contributed reporting to this story.