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(NFLX) has issued $200M in bonds paying 8.5% interest!

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Wed, 21 Sep 11 6:28 PM | 70 view(s)
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9:09 AM Netflix (NFLX) has issued $200M in bonds,

paying 8.5% interest, 
to buy back shares and boost its tumbling share price. The company now has less than half the cash it held five years ago, and subscriber defections are likely to accelerate, as it faces costly expansion and $2.4B in future commitments to license content for its streaming service.




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DO SOMETHING!


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