Home / Entertainment / Netflix offers another $ 2 billion in debt to fuel content spending

Netflix offers another $ 2 billion in debt to fuel content spending



 Netflix Co-founder, Chairman & CEO Reed Hastings attends a Q&A during a Transatlantic Forum in Lille, France

Sylvain Lefevre | Getty Images

Netflix Co-founder, Chairman & CEO of Reed Hastings attending a Q&A during a Transatlantic Forum in Lille, France

Netflix plans to offer about $ 2 trillion in debt to fuel its spend on content and other expenses, the company announced in a statement Tuesday. The stock dipped slightly negative on the news before moving back into positive territory. The announcement comes after another $ 2 billion offering as recently as October.

, capital expenditures, investments, working capital and potential acquisitions and strategic transactions. " Netflix said the interest rates and other terms will be subject to negotiations between the initial purchasers.

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