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  • Netflix (NFLX) prices its $500M offering of senior notes due 2021 with a 5.375% coupon rate. Some analysts on the Street are issuing cautious comments on Netflix's cash flow situation due to the bond play as the company's content costs continue to increase. [View news story]
    Isn't this a good deal for NFLX? They're lowering the long-term cost of funding by redeeming outstanding 8.50% senior notes. Also, it looks like the deal was upsized from $400m to $500m - does this signal positive institutional demand for the notes?
    Jan 30 06:51 PM | Likes Like |Link to Comment
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