{"id":5493,"date":"2014-02-04T00:00:00","date_gmt":"2014-02-04T00:00:00","guid":{"rendered":"http:\/\/worldscreen.com\/tvusa\/2014\/02\/04\/netflix-to-raise-400-million-for-original-content-european-expansion\/"},"modified":"2014-02-04T00:00:00","modified_gmt":"2014-02-04T00:00:00","slug":"netflix-to-raise-400-million-for-original-content-european-expansion","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvusa\/netflix-to-raise-400-million-for-original-content-european-expansion\/","title":{"rendered":"Netflix to Raise $400 Million for Original Content, European Expansion"},"content":{"rendered":"<p>\n\tLOS GATOS: Netflix is looking to gain $400 million in new long-term debt to fund European expansion and the creation of new original shows.<\/p>\n<p>\n\tThe company intends to issue senior notes due 2024. The new notes would add to $500 million of 5.375 percent securities that Netflix issued a year ago.<\/p>\n<p>\n\tThe interest rate, redemption provisions and other terms of the notes, will be determined by negotiations between Netflix and the initial purchasers.&nbsp;<\/p>\n<p>\n\tNetflix intends to use the net proceeds from this offering for &quot;general corporate purposes,&quot; the company said, including capital expenditures, investments, working capital and potential acquisitions and strategic transactions. In its most-recent set of financials, Netflix pledged substantial European expansion and also reaffirmed its commitment to churning out more original content.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LOS GATOS: Netflix is looking to gain $400 million in new long-term debt to fund European expansion and the creation of new original shows. The company intends to issue senior notes due 2024. The new notes would add to $500 million of 5.375 percent securities that Netflix issued a year ago. The interest rate, redemption &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[],"class_list":["post-5493","post","type-post","status-publish","format-standard","","category-top-stories"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Netflix to Raise $400 Million for Original Content, European Expansion<\/title>\n<meta name=\"description\" content=\"Netflix to Raise $400 Million for Original Content, European Expansion . LOS GATOS, February 4: Netflix is looking to gain $400 million in new long-term debt to fund European expansion and the creation of new original shows. . 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