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Netflix looks to raise USD 1.6 bln for new content, acquisitions

2017-10-24 08:59:00| Telecompaper Headlines

(Telecompaper) Netflix said it has priced an offering of USD 1.6 billion worth of senior notes. The 4.875 percent senior notes will be due 2028. Netflix said it will put the money raised towards general corporate purposes, including content acquisitions, production and development, capital expenditures, investments, working capital and potential acquisitions and strategic transactions.

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