Moody's says Netflix's (NFLX +0.5%) conversion of its $200M zero-coupon convertible notes is...
Moody's says Netflix's (NFLX +0.5%)
conversion of its $200M zero-coupon convertible notes is credit positive, but anticipated. Domestic leverage declines to 1.2x from 1.6x; gross leverage declines to 4.4x from 5.7x. "Given the debt reduction coupled with growth in subscribers and profitability, we believe Netflix is on track to become well positioned in the Ba3 rating category over the course of 2013."
From other sites
Video at CNBC.com (Tue, 12:50PM)
Video at CNBC.com (Mon, 8:04AM)
Video at CNBC.com (Fri, 11:32AM)
Video at CNBC.com (Thu, 4:52PM)
Video at CNBC.com (Jul 21, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs