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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.88-0.8%Nov 17 3:59 PM EST

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To: Alomex who wrote (118821)2/28/2001 11:12:17 AM
From: H James Morris  Read Replies (1) of 164684
 
>Recall that debt issues were made outside the US. There is a reason for that....
Morgan Stanley raised the ist billion here in the USA. The 2nd $700 million were in euro's.
Morgan Stanley felt the Amzn's expansion into Europe would make it more attractive to european investors than back here in the USA.
I believe its safe to say never has a company received such favorable terms on junk bonds...that's why Bezos went that route rather than issuing more stock.
Btw
If you know anyone who will lend me almost $2 billion without me having to make an interest payment for 10 years...please let me know!
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