S&P Revises BB- Rating on Netflix (NFLX) to Negative; Cites Higher Debt Leverage

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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.... More

Netflix (NFLX) Will Most Likely Use New Debt to Fund 'Originals' Costs

January 29, 2013 9:23 AM EST

To (poorly) paraphrase a classic Star Trek exchange:

Scotty - "I'm giving her all she's got, Captain!"
Cpt. Kirk - "All she's got isn't good enough! What else ya got?"

In the case of Netflix (Nasdaq: NFLX), the... More

Netflix (NFLX) Announces $400M Senior Notes Offering

January 29, 2013 7:50 AM EST

Netflix, Inc. (Nasdaq: NFLX) today announced that it intends to offer, subject to market and other considerations, $400 million aggregate principal amount of senior notes due 2021 (the "Notes") through an offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as... More