25 Sep 2017
Live Post
India’s top 5 OTT services saw 100% growth in monthly user base in H1 2017
'Peepli Live' Co-Director Mahmood Farooqui Acquitted In Rape Case
BHU Molestation: Police Allegedly Thrash Female Students Demanding A Safe Campus
US Supreme Court has option to duck Trump's travel ban ruling
Karti closed many foreign accounts, shifted money: CBI
PV Sindhu Nominated For Padma Bhushan By Sports Ministry
Assets Worth 1.16 Crores Linked To Karti Chidambaram Are Seized

Netflix to raise €1 bn debt

MUMBAI: Internet TV network Netflix has announced that it intends to offer, subject to market and other considerations, €1 billion aggregate principal amount of senior notes through an offering outside the US to non-US persons and to qualified institutional buyers.

Netflix said that it intends to use the net proceeds from this offering for general corporate purposes, which may include content acquisitions, capital expenditures, investments, working capital and potential acquisitions and strategic transactions.

This announcement does not constitute an offer to sell or a solicitation of an offer to buy the Notes, nor shall there be any offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.


Tags: