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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 232.49

+0.2%

Dec 30 3:59 PM EST

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To: Mark Myword who wrote (3977)	5/5/1998 4:23:00 PM
From: Jan Crawley	Read Replies (3) of 164684

New York, May 5 (Bloomberg) -- Amazon.com Inc., the online bookseller, raised $325.987 million by selling 10-year junk-rated The zero-coupon notes priced at a discount of 61.507 percent of par. The notes don't pay interest until Nov. 1, 2003 Thank you for the information. Does this translate into: 1. The face value of the junk bond = $325.987M / 61.507 percent = $530 M total debt issued ? 2. Amzn's financials will record the amortized interest liability(as incurred) on annual/quarterly basis, starting next quarter? Jan

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