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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.22+1.8%Nov 28 9:30 AM EST

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To: tonyt who wrote (8702)7/3/1998 10:37:00 PM
From: Glenn D. Rudolph  Read Replies (2) of 164684
 
I don't have time to seach 20 filings. Can someone else post how much Amazon raised
with 'junk' and what % they are paying.


tonyt,

They raised $325 million. That is net proceeds. The interest rate is 10% but interest payment do not begun until I believe 2005. I would have to go back and the exact year up. That is close. The pay back is $500 million. AMZN currently has a negative equity balance sheet and in addition, has debt of $500 million.

Glenn
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