Netflix Plans First High-Grade Bond Sale With 2036 Notes Priced Near 95
Updated
Updated · Seeking Alpha · Jul 20
Netflix Plans First High-Grade Bond Sale With 2036 Notes Priced Near 95
2 articles · Updated · Seeking Alpha · Jul 20
Summary
Netflix disclosed in an SEC filing that it plans its first high-grade bond sale, marketing notes due in 2036 at about 95.
The offering is aimed at raising funds, marking a shift into the investment-grade market for the streaming company.
Bloomberg sources said the deal centers on 2036 maturity debt, giving investors a long-dated structure as Netflix taps a new funding channel.
Earlier reporting said Netflix was selling $1 billion of 2036 notes, with the financing coming as sales growth slows and investors press for clearer future expansion.