Netflix Files To Sell $1.8B In Debt, Following Through On Plan Tipped In Q2 Shareholder Letter

Netflix has filed to sell $1.8 billion in debt, the first such offering since the company received an upgrade last year from credit ratings agencies Moody’s and S&P to investment-grade status. The move, telegraphed in its quarterly letter to shareholders released in its earnings report this month, is designed to make Netflix’s long-term debt of […]