Amazon.com (AMZN) has entered into a $17.5 billion senior unsecured delayed-draw term loan facility with a group of lenders, the company said in a regulatory filing Wednesday.
The facility will be available through Sept. 30, unless fully drawn before then, and any loans borrowed will mature three years after the borrowing date, according to the filing.
Amazon said proceeds from the facility will be used for general corporate purposes.
Price: $239.71, Change: $-4.48, Percent Change: -1.83%