Back to mobile site

Netflix (NFLX) Sells More Debt than Expected in Offering

January 29, 2013 4:43 PM EST
Netflix, Inc. (NASDAQ: NFLX) was said to have sold $500 million 8NCL senior notes at 5.375 percent, according to Bloomberg headlines.

Earlier, Netflix was planning a $400 million aggregate senior notes offering. The announcement also caused S&P to revise its rating on Netflix.

Shares of Netflix closed 4.3 percent higher on the session Tuesday.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Insiders' Blog

Related Entities

Standard & Poor's