Netflix Raises $1.6 Billion In Bond Market To Fund Massive Content Spending

Published: 23/10/2017
Netflix Raises $1.6 Billion In Bond Market To Fund Massive Content Spending
Source: DEADLINE.COM

Following through on the plans it shared on its recent earnings call, Netflix has offered $1.6 billion in senior notes, with the debt largely funding its increasingly ambitious spending on content. The company’s official announcement said it “intends to use the net proceeds from this offering for general corporate purposes, which may include content acquisitions, production and develop

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