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Netflix Selling $2 Billion of Junk Bonds

Company pushes debt to new high in order to continue funding new shows.

By Misyrlena Egkolfopoulou & Claire Boston | Updated on October 22, 2018

Netflix Inc. is once again turning to the junk-bond market to fund new programming as the streaming-video giant seeks to maintain its torrid subscriber growth.

The $2 billion bond offering, which will be issued in dollars and euros, comes just a week after the company reported a bigger jump in subscribers than Wall Street analysts expected. The bonds would push the cash-burning company’s debt load above $10 billion for the first time. Netflix’s market value has soared almost 70 percent this year, to about $140 billion.

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In order for modern treasury teams to effectively perform their role as the steward of payments and cash flows, prioritizing clear communication channels with the company’s global offices, subsidiaries, and related departments is a must. Download this guide to learn how treasury can maximize communication and drive collaboration across their organization and beyond.

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How Treasury Can Drive Collaboration Across the Office of the CFO & Beyond

In order for modern treasury teams to effectively perform their role as the steward of payments and cash flows, prioritizing clear communication channels with the company’s global offices, subsidiaries, and related departments is a must. Download this guide to learn how treasury can maximize communication and drive collaboration across their organization and beyond.

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