Netflix Sells $2.2 Billion of Junk Bonds to Fund More Content
A Netflix Inc. logo sits on the online television streaming company’s exhibition area at the Gamescom gaming industry event in Cologne. (Photographer: Krisztian Bocsi/Bloomberg)

Netflix Sells $2.2 Billion of Junk Bonds to Fund More Content

(Bloomberg) -- Netflix Inc. sold around $2.2 billion of bonds in the U.S. and Europe as it continues to bolster its original content in the face of expanding competition.
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