Capital Markets

Amazon in its $14-billion inaugural maple bond offering Amazon in its $14-billion inaugural maple bond offering

Amazon
Key Contact
Rosalind Hunter

Partner, Corporate, Toronto

Team
Wesley Cohen

Associate, Corporate, Toronto

Bret Gillespie

Associate, Corporate, Toronto

Timothy Hughes

Partner, Tax, Toronto

Sean Timlick

Associate, Tax, Toronto

On June 12, 2026, Amazon.com, Inc. closed its inaugural Canadian maple bond offering of $14 billion of notes, in five series with maturities ranging from three to 30 years. This issuance represents both the largest maple bond, as well as the largest corporate bond offering in Canadian history. Amazon intends to use the net proceeds from the offering for general corporate purposes, which may include, but are not limited to, repayment of debt, acquisitions, investments, working capital, investments in Amazon’s subsidiaries, capital expenditures and repurchases of outstanding shares of Amazon common stock.

Amazon’s mission is to make customers’ lives better and easier every day by relentlessly inventing on their behalf. Amazon works to provide broad selection, value and convenience across a range of customer experiences, including online shopping, cloud computing, streaming entertainment, consumer electronic devices, advertising, healthcare, AI services and more.

Osler, Hoskin & Harcourt LLP represented Amazon with a team consisting of Rosalind Hunter, Wesley Cohen and Bret Gillespie (Corporate), and Tim Hughes and Sean Timlick (Tax).

Value
$14 billion
Date Announced
June 12, 2026
Lead Office
Toronto
Key Contact
Rosalind Hunter

Partner, Corporate, Toronto

Team
Wesley Cohen

Associate, Corporate, Toronto

Bret Gillespie

Associate, Corporate, Toronto

Timothy Hughes

Partner, Tax, Toronto

Sean Timlick

Associate, Tax, Toronto