Netflix to raise $1.9 billion in debt

Netflix has priced a bond offering of US$1.9 billion, which it plans to use for “general corporate purposes” – including content acquisitions, production and development.

The senior note offering was upped from US$1.5 billion, which was initially announced yesterday. The sale for the revised amount expected to close on April 26, 2018.

The notes will mature on November 15, 2028, unless earlier repurchased or redeemed. Interest will be payable in cash semi-annually in arrears, beginning on…..

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