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Netflix To Raise $1 Billion In Debt Sale

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By Jill Goldsmith Netflix said Wednesday it plans to offer $1 billion in senior notes to raise fresh cash. Netflix said it intends to use the net proceeds from the offering “for general corporate purposes, which may include content acquisitions, production and development, capital expenditures, investments, working capital and potential acquisitions and strategic transactions.” MORE Subscribe to Deadline Breaking News Alerts and keep your inbox happy.

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