Netflix Debt Offering Raises Red Flags For Investors
Netflix (NFLX) shares were down a fraction in afternoon trading Wednesday as investors considered the streaming video company's surprise increase to a planned debt offering. Netflix announced early Tuesday that it planned to offer $400 million in senior notes in part to finance the big content deals it's been striking with Hollywood studios. Then later in the day, it upped the amount to $500 million. The notes carry an annual interest rate of
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