Amazon Secures $17.5B Loan as Shares Fall 2.1% on AI Debt Surge

Amazon secured a $17.5 billion delayed-draw term loan facility with Citibank and other lenders on June 10, 2026, to fund its aggressive AI infrastructure buildout. The move follows a C$14 billion Canadian bond sale two days earlier, bringing total new financing to about $31.5 billion in 48 hours as the company plans $200 billion in 2026 AI capex. Analysts expect this could push free cash flow to negative $12 billion, while shares fell as much as 2.1% intraday to 244.19 amid rising leverage concerns across Big Tech's $700 billion AI spending wave.