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Netlfix raises USD 1.9 bln in debt offering

Tuesday 24 April 2018 | 11:32 CET | News
Netflix has closed an offering of USD 1.9 billion in 5.875 percent senior notes due 2028. The sale was increased from an original amount of USD 1.5 billion and is expected to close on 26 April. Money raised from the offering will go towards general corporate purposes, the company said. These may include content acquisitions, production and development, capital expenditures, investments, working capital and potential acquisitions and strategic transactions.

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Categories: Broadcast & Satellite / Internet
Companies: Netflix
Countries: World
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