(Reuters) – Netflix Inc (O:) said on Monday it plans to raise about $2 billion in debt to fund original shows, acquire content and for possible acquisitions.
The streaming giant said the debt will be in the form of senior notes denominated in U.S. dollars and euros.
Netflix, which plans to spend more than $8 billion in entertainment programming this year, reported blockbuster third-quarter results last week as heavy investment in original shows lured more customers to its fold.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.