The move led to a fall in bond and stock prices as investors worried about the rising cost of their investment plans in the coming years. Net Fei said that the fund was designed to buy new content and other extensive activities.
Reed Hastings, the chief executive of net flight, has made it clear that it is necessary to raise funds through debt financing. "We will continue to raise money in high-yield markets to meet our funding needs," Hastings said in a letter to shareholders.
Net Fei has said it plans to spend $8 billion on content this year. By the end of the third quarter, the company has already spent $6 billion 900 million on TV programs and movies. If this rate is maintained, the expenditure may be closer to $9 billion in 2018.
Since the end of 2014, the proportion of net long term debt to total capital has roughly doubled to 65%.
Netflix's existing bond prices fell across the board on Monday, with the largest drop, about 3 cents, to 91.5% of its face value, in 2026. Its share price fell 0.94% to $329.54 on Monday.
Of the 43 brokerage analysts tracking the stock, about 27 continued to favor the stock, giving it a "buy" rating, while only three gave a "sell" rating.

<>Net flight plans raise $2 billion in bonds

 

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