Home / Market News / Netflix sells $2.2 billion of junk bonds as it braces for onslaught of competition

Netflix sells $2.2 billion of junk bonds as it braces for onslaught of competition

Netflix Inc. tapped the high-yield bond market for another $2.2 billion on Tuesday to help it pay for new content as the battle for streaming customers heats up with a slate of new offerings on tap.

Read Full Story