Netflix Raises $1.9 Billion in Debt Financing, Its Biggest Round Ever [Variety]

The Get Down was canceled by Netflix.

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.

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