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Netflix starts USD 1 billion debt offering

Thursday 23 April 2020 | 09:31 CET | News
Update: 24 April 2020 | 08:48 CET
Netflix announced plans to sell USD 1 billion in new debt. The proceeds from the USD- and EUR- denominated notes will be used for general corporate purposes, which may include content acquisitions, production and development, capital expenditures, investments, working capital and potential acquisitions and strategic transactions, the company said.

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[24/04/2020 08:48- Update: Updates with pricing details.]


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Categories: Internet
Companies: Netflix
Countries: World
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