For the third time in a year, Netflix Inc. announced plans to raise more than a billion dollars in debt financing. The Los Gatos, California-based streaming giant said on Monday that it intends to offer $2 billion in senior unsecured notes in two series. The company said it will use the money “for general corporate purposes, which may include content acquisitions, production and development, capital expenditures, investments, working capital and potential acquisitions and strategic transactions.” But…
Comment on Netflix aims to raise $2 billion for more content
Annlee Ellingson, Biz Journals
Mon, 10/22/2018 - 11:14am
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