Pavlo Kot

Andy Constan: Possible options for AMZN issuance include equity, ATM, or $25 billion bond deal

Andy Constan: Possible options for AMZN issuance include equity, ATM, or $25 billion bond deal
AMZN may pursue bond, equity issuance

Andy Constan, founder and strategist at Damped Spring Macro, raised the question of what type of issuance AMZN might pursue. He listed equity underwriting plus mandatory features, ATM equity, and a $25 billion benchmark bond deal as possible options, as well as the possibility of combining these approaches.

Constan previously described a recent deal as "hugely unfavorable for shareholders" after ONDS stock fell 55 percent to a new year-to-date low. He has also remarked that the difference between 48% and 56% net long for long/short equity funds is relatively insignificant, citing a 1.2% return gap. These past comments reflect Constan's ongoing focus on deal structures and fund positioning.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.