Netflix shares slip as company says it will issue $2 billion in new debt
Netflix Inc. NFLX, -0.45% said Tuesday it plans to offer $2 billion in U.S. dollar and euro denominated senior unsecured debt. The stock fell 0.6% in premarket trade. The interest rate, maturities and provisions have not yet been determined. The streaming video giant plans to use the proceeds from the debt offering for general corporate purposes, including content acquisitions, production and development and potential acquisitions.
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