How Netflix is funding its growth

PUBLISHED: Tue, 20 Nov 2018 10:52:35 GMT

Netflix recently issued $2 billion worth of new bonds to add to their existing $8.3 billion worth of debt. These new bonds have a term of 10.5 years. The strategy of the company has been to spend huge amounts on original content. Rashaad Tayob, Portfolio Manager at ABAX Investments joins CNBC Africa to give insight into this trend.

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.