Netflix Talks to Investors for Possible First Blue-Chip Bond
- A sale would help refinance $1.8 billion of maturities
- Company held investor call on Monday to guage interest
The Netflix office building on Sunset Boulevard in Los Angeles.
Photographer: Bing Guan/BloombergThis article is for subscribers only.
Netflix Inc. is testing potential investor interest for its first investment-grade bond sale that would help refinance $1.8 billion of maturities, according to people with knowledge of the matter.
The sale is expected to include notes maturing in at least ten years or longer said the people, who asked not to be identified because the discussions are private. Morgan Stanley, Goldman Sachs Group Inc., JPMorgan Chase & Co. and Wells Fargo & Co. arranged an investor call held on Monday.