amazoncom inc entered into a 8 billion unsecured loan with several lenders the ecommerce giant said in a us securities and exchange commission filing tuesday the seattlebased online retailer said the funds of the unsecured term loan are set to be used toward general corporate purposes without providing any further detail the loan arranged by td securities usa llc will mature jan 3 2024 but can be further extended by another 364 days the company said if amazoncom decides to exercise its option to extend the loans maturity for an additional 364 days the loans current interest rate spread of 075 will increase to 105 it said for the first nine months of 2022 the company paid 932 million in cash paid of interest on debt up from 731 million for the same period a year earlier the joint bookrunners of the unsecured loan are td securities usa llc australia and new zealand banking group ltd banco bilbao vizcaya argentaria sa new yorks branch bank of chinas los angeles branch credit agricole corporate and investment bank dbs bank ltd mizuho bank ltd and national westminster bank plc according to the sec filing the companys longterm debt status is 589 billion as of sept 30 according to its latest quarterly report amazon will add billions of dollars to its debt pool after a year in which the federal reserve raised rates at the fastest pace since the early 1980s to combat inflation