Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Netflix Raises $400 Million With Bonds to Fund Capital Spending

Feb. 4 (Bloomberg) -- Netflix Inc., the world’s largest subscription streaming service, sold $400 million of bonds to help finance capital spending and potential acquisitions.

The company issued 5.75 percent senior notes due 2024 that yield 313 basis points more than similar-maturity Treasuries, according to data compiled by Bloomberg. The offering comes the week after Moody’s Investors Service boosted the borrower’s credit rating outlook to positive, citing “strong operating performance” and the expectation of further subscriber growth. Netflix, based in Los Gatos, California, is ranked Ba3 at Moody’s and an equivalent BB- by Standard & Poor’s.

The new notes add to its $500 million of 5.375 percent securities that Netflix issued a year ago. Those bonds, which mature February 2021, were valued yesterday at 101.2 cents on the dollar to yield 5.16 percent, according to prices compiled by Bloomberg.

To contact the reporter on this story: Charles Mead in New York at

To contact the editor responsible for this story: Shannon D. Harrington at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.