Around the Net
Netflix Raising $2B In Debt
- Variety, Monday, October 22, 2018 3:17 PM
To continue pumping original content, Netflix plans to raise $2 billion in financing through debt securities. “The latest proposed debt offering is the sixth time in less than four years that the company is raising $1 billion or more through bonds,” Variety reports. “As of Sept. 30 … Netflix reported $8.34 billion in long-term debt, up 71% from $4.89 billion a year prior.”
