Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
AMAZON COM INC incurred term loan of $8.0 billion with Toronto Dominion (Texas) LLC at Secured Overnight Financing Rate plus 0.75% maturing 364 days.
- Instrument
- term loan
- Principal
- $8.0 billion
- Counterparty
- Toronto Dominion (Texas) LLC
- Rate
- Secured Overnight Financing Rate plus 0.75%
- Maturity
- 364 days
- Event
- incurrence
Exact text from the filing
On January 3, 2023, Amazon.com, Inc. (the “Company”), Toronto Dominion (Texas) LLC, as administrative agent, and the other lenders party thereto entered into a credit agreement (the “Term Loan Agreement”). The Term Loan Agreement provides the Company with an unsecured $8.0 billion term loan (the “Term Loan”) that will mature in 364 days, but may be extended for an additional period of 364 days. The initial interest rate applicable to the Term Loan is the Secured Overnight Financing Rate plus 0.75%.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 1.0
AMAZON COM INC entered into Term Loan Agreement with Toronto Dominion (Texas) LLC valued at $8.0 billion unsecured term loan, 364-day maturity, interest rate SOFR+0.75% (1.05% if extended) (effective 2023-01-03).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Toronto Dominion (Texas) LLC
- Value
- $8.0 billion unsecured term loan, 364-day maturity, interest rate SOFR+0.75% (1.05% if extended)
- Effective
- 2023-01-03
Exact text from the filing
On January 3, 2023, Amazon.com, Inc. (the “Company”), Toronto Dominion (Texas) LLC, as administrative agent, and the other lenders party thereto entered into a credit agreement (the “Term Loan Agreement”).
View on SEC.gov