Netflix Proposes New $ 2 Billion Debt to Fuel Content Spend



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Netflix co-founder, president and CEO Reed Hastings attends a Q & A session at a transatlantic forum in Lille, France.

Sylvain Lefevre | Getty Images

Netflix co-founder, president and CEO Reed Hastings attends a Q & A session at a transatlantic forum in Lille, France.

Netflix plans to offer a debt of about $ 2 billion to fuel its spending on content and other expenses, the company said in a statement Tuesday. The stock slipped slightly on the news before returning to positive territory. This announcement follows a new offer of $ 2 billion last October.

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