Amazon Tees Up Jumbo Eight-Part Bond Sale

The video discusses Amazon's borrowing strategy, highlighting its rare but significant market entries for bond sales. It explains that Amazon, despite its wealth, occasionally borrows large sums, such as $15 billion, for general corporate purposes. Historical examples include a $10 billion borrowing last year and a major issuance in 2017 for the Whole Foods acquisition. The video emphasizes that Amazon's borrowing fits a pattern of corporate America benefiting from low interest rates.

What was the purpose of Amazon's $10 billion borrowing last year?

What does the text imply about Amazon's financial strategy when it comes to borrowing?