Skip to main content
Tags: netflix | bonds | debt | content | fund | pay

Netflix to Sell $2 Billion of Bonds to Help Fund More Content

netflix logo amid cash

Mohamed Ahmed Soliman | Dreamstime.com

Tuesday, 23 April 2019 03:10 PM EDT

Netflix is going back to the debt markets -- to fuel more content spending -- announcing plans to issue $2 billion in unsecured bonds.

The proposed offering would be the seventh time in four years that Netflix is raising $1 billion or more through debt, and would bring its long-term debt to around $12.3 billion if the transaction is completed.

Netflix said the $2 billion aggregate notes will be issued in two series, indicating the principal amount will be in both U.S. dollars and euros. As of March 31, Netflix reported $10.305 billion in long-term debt on its balance sheet.

The streaming giant -- which needs cash to cover a content budget projected to be $15 billion in 2019 -- last raised $2 billion in junk bonds in October 2018. In that offering, Netflix issued EUR1.1 billion ($1.26 billion) in notes at 4.625% due 2029 and $800 million of its 6.375% notes, also due 2029.

Netflix (NFLX) also has billions in off-balance-sheet content-spending obligations, most of which is due within the next five years.

© 2025 Thomson/Reuters. All rights reserved.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.

StreetTalk
Netflix is going back to the debt markets -- to fuel more content spending -- announcing plans to issue $2 billion in unsecured bonds.
netflix, bonds, debt, content, fund, pay
174
2019-10-23
Tuesday, 23 April 2019 03:10 PM
Newsmax Media, Inc.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© 2025 Newsmax Media, Inc.
All Rights Reserved
Download the Newsmax App
NEWSMAX.COM
America's News Page
© 2025 Newsmax Media, Inc.
All Rights Reserved