Home United States USA — Financial Netflix Plans to Raise $2 Billion in New Debt to Fund Content...

Netflix Plans to Raise $2 Billion in New Debt to Fund Content Spending

302
0
SHARE

Netflix announced plans to raise $2 billion in financing through debt securities, its latest move to fund its aggressive content spending.
Netflix is again going to debt markets to fund its enormous appetite for content, announcing plans Monday to raise $2 billion in financing through debt securities. As of Sept. 30,208, Netflix reported $8.34 billion in long-term debt, up 71% from $4.89 billion a year prior. The latest proposed debt offering is the sixth time […]

Continue reading...