BRIEF-Moody's Changes Amazon's Outlook To Stable, Affirms A1 Senior Unsecured Rating

Amazon.com, Inc.

Amazon.com, Inc.

AMZN

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  • MOODY'S: CHANGES AMAZON'S OUTLOOK TO STABLE; AFFIRMS A1 SENIOR UNSECURED RATING

  • MOODY'S: CHANGE IN OUTLOOK TO STABLE REFLECTS AMAZON'S PLANS TO ACCELERATE ITS CAPITAL SPENDING BY OVER 50% TO ABOUT $200 BILLION

  • MOODY'S: PROJECT LEVEL OF SPENDING ON CAPEX TO NOT BE FULLY SUPPORTED BY AMAZON'S CASH FLOW GENERATION

Source text: ID:nMDY5j08cf

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