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Amazon to raise 4 billion pounds in first sterling bond sale

Amazon is set to raise 4 billion pounds ($5.43 billion) from its first sterling bond sale on Wednesday, according to a bank managing the deal, after strong demand.

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43 billion) from its first sterling bond sale on Wednesday, according to a bank managing the deal. The transaction drew strong demand, the bank said, as hyperscalers seek to diversify funding sources to finance the AI boom.