Netflix completed a $1.0 billion offering of 5.250% senior unsecured notes due 2036 to repay maturing 2026 debt and for general corporate purposes.
Key Highlights:
- Issued $1.0 billion of 5.250% senior unsecured notes due 2036 through a registered public offering.
- Net proceeds intended to repay the company’s outstanding 4.375% Senior Notes due 2026 at maturity.
- Notes issued under the company’s Form S-3ASR registration; underwriting led by BNP Paribas, Morgan Stanley, RBC and Wells Fargo.
- Transaction governed by Base Indenture (July 29, 2024) and a Second Supplemental Indenture dated July 22, 2026; legal opinion filed as exhibit.
Original SEC Filing:
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