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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: tonyt who wrote (8702)	7/3/1998 5:01:00 PM
From: Mark Fowler	Read Replies (2) \| Respond to of 164684

Amazon.com Announces $275 Million Offering of Senior Discount Notes Amazon.com Announces $275 Million Offering of Senior Discount Notes April 24, 1998 6:01 PM EDT SEATTLE, April 24 /PRNewswire/ -- Amazon.com, Inc. ("Amazon.com") (Nasdaq: AMZN), today announced that it is offering $275 million gross proceeds of Senior Discount Notes. The Senior Discount Notes will mature in 2008. Interest on the Notes will be paid semi-annually in cash beginning in 2003. The proceeds from the offering will be used by Amazon.com to retire approximately $75 million of existing indebtedness and for general corporate purposes. The Senior Discount Notes being offered will not be, and have not been, registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Amazon.com is headquartered at 1516 Second Avenue, Seattle, Washington 98101. Internet address: amazon.com. Telephone 206-622-2335. SOURCE Amazon.com, Inc. c PR Newswire. All rights reserved. Additional sources of information Tell Me More - From Infoseek Company Profile - From E*TRADE: AMZN Stock Charts - From Quote.Com: AMZN SEC Filings - From EDGAR Online: AMZN Company Capsule - From Hoover's Online: AMZN Quick Facts - From Market Guide: AMZN I believe the rate was at 10.5%.

To: tonyt who wrote (8702)	7/3/1998 10:37:00 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to 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