debt
confidence high
sentiment neutral
materiality 0.65
Netflix completes $1.8B senior notes offering; 4.90% and 5.40% notes due 2034/2054
NETFLIX INC
- Issued $1B of 4.90% senior notes due 2034 and $800M of 5.40% senior notes due 2054.
- Underwriters include Morgan Stanley, Goldman Sachs, J.P. Morgan, and Wells Fargo.
- Proceeds to repay outstanding 5.875%, 3.000%, and 3.625% senior notes due 2025.
- Notes issued under Form S-3ASR registration statement; indenture with Computershare Trust.