LOS GATOS, Calif., (FNN NEWS) – By Netflix, Inc. (Nasdaq: NFLX) today announced that it intends to offer, subject to market and other considerations, $800 million aggregate principal amount of senior notes (the “Notes”) through an offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act.
The interest rate, redemption provisions, maturity date and other terms of the Notes will be determined by negotiations between Netflix and the initial purchasers.
Netflix 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. The Notes have not been registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.
WASHINGTON (AP) — The Senate overwhelmingly approved a new North American trade agreement Thursday that…
MOVIES | Star Wars: Still a Force Gaining Funds, Despite Critics’ Drawbacks
TV | NEW YORK (FNN NEWS) - Live Again from Saturday Night, It’s Eddie Murphy!
ORLANDO (FNN NEWS) - [Upcoming Event Alert] Chris Tomlin, TobyMac, Switchfoot and More to Perform Next Weekend at Universal Orlando’s Rock the Universe
MOVIES | In 2020, Women Take Charge in Film–Before and Behind the Lens
BEAUTY | WORLD | Making History: Miss World, Miss America, Miss USA, Miss Teen USA, and Miss Universe are all Women of Color
TV & DIGITAL | LOS ANGELES and NEW YORK (FNN NEWS) - 2020 Writers Guild Awards TV, News, Promotions and New Media Nominees Announced
MUSIC | NEW YORK (AP) - Sundance sets lineup with Taylor Swift, ‘Tesla,’ ‘Downhill’
TV & DIGITAL | LOS ANGELES (FNN NEWS) - [OPINION] Why was “When They See Us” Snubbed by the Golden Globes?
“Once Upon a Time ... in Hollywood” star Brad Pitt is all smiles on the 2019 Cannes Film Festival red carpet for the film's premiere Tuesday, May 21. Photo: Patience Eding/Another Concept Magazine/Florida National News.
MOVIES | LOS ANGELES (AP) - Universal Will Release Controversial ‘Hunt’ Film in March
ORLANDO (FNN NEWS) - Walt Disney World Characters Report Inappropriate Touching by Tourists