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Netflix prices USD 1 bln debt issue

Tuesday 25 October 2016 | 08:53 CET | News
Netflix has priced an offering of USD 1 billion worth of 4.375 percent senior notes due 2026. The offering was increased from an initial target of USD 800 million. The company plans to use the net proceeds for general corporate purposes, including potential content or company acquisitions, capex, investments, working capital or other strategic transactions.

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Categories: Internet
Companies: Netflix
Countries: World
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