New Issue-Netflix sells $200 mln 8-yr senior notes

Tue Nov 3, 2009 12:54pm EST
 
[-] Text [+]
 Nov 3 (Reuters) - Netflix Incorporated (NFLX.O) on Tuesday
sold $200 million of senior notes in the 144a private placement
market, said IFR, a Thomson Reuters 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

 

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