How many bonds will Amazon issue to finance the acquisition of Whole Foods Supermarket?

According to foreign media reports, on August 15, Beijing time, the rating agency Moody's Investors Service Company said on Monday that Amazon plans to issue debt instruments to raise up to 654.38+06 billion US dollars to finance its acquisition of Whole Foods Supermarket.

O 'Shea believes that Whole Foods Supermarket provides Amazon with greater scale effect and vital physical store influence. Amazon can use the existing nearly 500 Whole Foods supermarket stores to expand food distribution and provide pick-up points for any type of online orders.

He said that this investment-grade rating reflects the strength of Amazon cloud services. Amazon cloud computing service AWS contributed most of the company's operating profit. Amazon also has strong cash generation ability and solvency. By the end of June, the total cash and short-term investments held by Amazon exceeded 2 1 billion dollars.

Amazon and its founder and CEO Jeff Bezos have been tight-lipped about the company's plans. Bezos does not participate in the company's quarterly earnings conference call, which is usually the responsibility of the CFO. Bezos once said at a meeting on 20 14 that he spends about six hours a year on investor relations. Since 20 12, Amazon has never paid dividends or repurchased shares. In the most recent quarter, Amazon's earnings per share were much lower than expected.

"The acquisition of Whole Foods Supermarket supports Amazon's credit status. It will promote Amazon's existing fresh food business, indicating that at least in this field, it is beneficial to Amazon's growth strategy, "O 'Shea said.

Whole Foods Supermarket is a landscape of American retail industry. Its full name is "Nasdaq: WFMI". It was founded by 25-year-old John McKee 1978 in a storefront in Austin University Town, Texas, USA. It has developed into the largest natural organic food retailer in the United States, with 265 branches.