Tuesday November 3, 06:09 PM
New Issue-Netflix sells $200 mln 8-yr senior notes
Nov 3 (Reuters) - Netflix Incorporated (NASDAQ: NFLX - news) on Tuesday
sold $200 million of senior notes in the 144a private placement
market, said IFR, a Thomson Reuters (LSE: RUT.L - news) service.
JP Morgan is the sole bookrunning manager for the sale.
BORROWER: NETFLIX INCORPORATED
AMT 200 MLN COUPON 8.50 PCT MATURITY 11/15/2017
TYPE SNR NTS ISS PRICE 100 FIRST PAY 5/15/2010
MOODY'S Ba2 YIELD 8.50 PCT SETTLEMENT 11/6/2009
S&P BB-MINUS SPREAD 528 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
*NON-CALLABLE 4 YRS
Keywords: NETFLIX DEBT/NOTES
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