Loan & DebtMar 29, 2026, 11:48 PM
Netflix Enters $5 Billion Revolving Credit Agreement
AI Summary
Netflix entered into a $5 billion senior unsecured revolving credit agreement with lenders and Wells Fargo Bank, replacing a portion of a bridge commitment letter with a more permanent funding structure. The funds will be used for the cash portion of the Warner Bros. Discovery merger, related fees, and general corporate purposes.
Key Highlights
- Netflix entered into a $5 billion Senior Unsecured Revolving Credit Agreement.
- The agreement replaces a portion of a previously disclosed bridge commitment letter.
- Proceeds will be used for the Warner Bros. Discovery merger, related fees, and general corporate purposes.
Price Impact
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