Los Gatos,
Calif. - Netflix (NASD: NFLX), the online DVD
rental service, said on Wednesday that it plans to raise $200 million through a
notes offering.
The company said that it will sell the senior unsecured notes,
which are due in 2017, to qualified institutional buyers.
Netflix will use the
net proceeds to repay outstanding debt, as well as for possible future stock
repurchases and general corporate purposes.
Related Links:
http://snipurl.com/svj79
http://www.netflix.com
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