Amazon, Microsoft, Meta And Google Debt Drags Global Bond Gauges
Amazon, Microsoft, Google and Meta issued $121 billion in bonds in 2025, four times their prior yearly pace.
- Amazon's March 2026 sale raised 14.5 billion euros, the largest euro corporate bond on record.
- Cover ratios fell from five times oversubscribed in February to two times by July.
- Tech borrowers now outweigh banks in several major investment-grade credit indices for the first time.
Why it matters: A benchmark built to spread risk now carries the fortunes of four companies betting on one technology.
Bloomberg ↗ · Jul 17, 20267/17/26 · ✓ Checked✓ Check