Netflix to raise $1.5 billion in debt to fuel expansion

Netflix Inc said on Monday it planned to raise $1.5 billion in debt, the second time the company is tapping the debt market in less than a year to fuel a rapid expansion in original content. The video streaming pioneer, which raised $1.6 billion in debt last October, has been spending aggressively on original content to drive subscriber growth around the world.

For Real Time News & Trading Trends Keep Liking Epic Research Private Limited

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+

Share Button

About the Author

Epic Research
Epic Research
Epic Research - Investment Adviser is a leading financial services provider with presence in Indian and other global capital markets. Call on - 0731-664-2300