Amazon.com Inc. on Dec. 20 completed its previously announced offer to exchange all validly tendered and accepted 5.200% senior notes due 2025 issued by Whole Foods Market Inc. for new 5.200% Amazon notes due 2025, according to an SEC filing.
The e-commerce company issued $871.7 million of Amazon notes in exchange for the Whole Foods notes. Following the completion, $128.1 million of Whole Foods notes remain outstanding.
Amazon added that since the holders of more than 50% of the outstanding notes agreed to proposed amendments to the Whole Foods indenture, U.S. Bank NA executed a second supplemental indenture on Dec. 20 for the remaining outstanding notes.
