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Netflix to raise $1.5 billion in debt to fuel expansion

Netflix Inc said on Monday it planned to Raise $1.5 billion in Debt, the second time the company is tapping the debt market in less than a year to fuel a rapid expansion in original content. The video streaming pioneer, which raised $1.6 billion in debt last October, has been spending aggressively on original content to drive subscriber growth around the world.

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Netflix to raise $1.5 billion in debt to fuel expansion


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