23 Apr Netflix Raises $1.9 Billion in Debt Financing, Its Biggest Round Ever [Variety]
By Todd Spangler
April 23, 2018 | Netflix priced a junk-bond offering of $1.9 billion — the streamer’s biggest round of debt financing to date — as it looks to fuel its continued content binge-spending.
The $1.9 billion debt offering, announced Monday evening, was increased from Netflix’s plan announced earlier in the day to issue $1.5 billion in debt.
Read more on Variety.