Netflix Plans to Offer $2 Billion in Bonds to Fund New Programming

This article was originally published on ETFTrends.com.

Last week, Netflix (etftrends.com/quote/NFLX) posted better-than-expected third quarter results with a jump in subscribers and in an effort to maintain its momentum, the video streaming giant plans to offer $2 billion in junk bonds to fund new programming. The Netflix bond offering will be issued in dollars and euros, and will effectively bring the company’s debt [...]

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