The investment-grade notes were issued in two tranches

Davis Polk advised the joint book-running managers and representatives of the several underwriters in connection with the SEC-registered offering by Netflix, Inc. of $1 billion aggregate principal amount of its 4.90% senior notes due 2034 and $800 million aggregate principal amount of its 5.40% senior notes due 2054.

Netflix, Inc. is one of the world’s leading entertainment services with paid memberships in over 190 countries enjoying TV series, films and games across a wide variety of genres and languages.

The Davis Polk corporate team included partner Alan F. Denenberg, counsel Beth LeBow and associates Paula Gergen and Matthew Franklin. The tax team included partner Ethan R. Goldman and associates Alanna Phillips and Zoey Chau. Partner Matthew J. Bacal and associate Alexis N. Wallace provided intellectual property advice. Associate Caroline R. Zhang provided ’40 Act advice. Members of the Davis Polk team are based in the Northern California and New York offices.

Copy link to share post