Netflix to Raise Another $2 Billion in High-Yield Debt
It's been about six months since video-streaming leader Netflix (NASDAQ: NFLX) tapped the high-yield bond market, raising $2.2 billion in senior notes back in April. This morning, the company announced a new proposed offering of another $2 billion in senior notes that will ultimately be used to help fund content production ahead of the launch of several prominent competing video-streaming services next month.
Here's what investors need to know.
Image source: Netflix.
Source Fool.com
