Netflix (NFLX) Sells More Debt than Expected in Offering - InvestingChannel

Netflix (NFLX) Sells More Debt than Expected in Offering

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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.

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