Netflix (NFLX) PT Raised to $140 at Guggenheim
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Moody's Places 'B1' Rating on Netflix's (NFLX) Latest Unsecured Debt Offering
October 24, 2016 9:23 AM EDTMoody's Investors Service assigned a B1 (LGD4) rating to Netflix, Inc.'s (NASDAQ: NFLX) new senior unsecured bonds of benchmark size.
RATINGS RATIONALE
Proceeds from the issuance will be used for general corporate purposes and to finance the company's business plan, including increasing investments in original programming and expansion in new international... More
Netflix (NFLX) Plans $800M Debt Offering
October 24, 2016 7:55 AM EDTNetflix, Inc. (Nasdaq: NFLX) announced that it intends to offer, subject to market and other considerations, $800 million aggregate principal amount of senior notes (the "Notes") through an offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the... More