Amazon Adds $80B Supplier Financing Line as Long-Term Debt More Than Doubles to $173.1B
AMZN sits 23% above its 52-week low of $196 on elevated volume (2.8× avg).
Summary
Amazon lined up a supplier financing facility of up to $80 billion, running from early 2027 through Q3 2028, with lenders holding collateral rights on the assets bought with the money. The structure is aimed squarely at AI infrastructure, and it lands alongside a balance sheet that has changed fast: long-term debt went from $65.6B at year-end 2025 to $173.1B on September 30, 2026. The cost is already visible in the P&L — Q3 interest expense was $1.69B versus $538M a year earlier, a net after-tax drag of roughly $820M, or about $0.075 per share. Credit markets are reacting: the five-year CDS hit a record 94 bps after the quarter, when revenue of $201.94B came in under the $202.31B estimate and capex ran about $76B for the quarter with 2026 capex near $220B. Shares fell about 6.7% premarket, and BofA pegs Amazon IG bonds at roughly 6.8%–7.4% yields as hyperscalers fund heavy AI capex.
At the time of this announcement, AMZN was trading at $240.80 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $2.6T. The 52-week trading range was $196.00 to $287.20. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Wiseek News.