Netflix Announces Proposed $800 Million Offering of Senior Notes

LOS GATOS, Calif., Oct. 24, 2016 /PRNewswire/ — Netflix, Inc. (Nasdaq: NFLX) today announced that it intends to offer, subject to market and other considerations, $800 million aggregate principal amount of senior notes (the “Notes”) through an offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities…