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The video streaming service plans to spend up to $8bn on content next year to compete with fast-growing rivals.
Netflix will issue bonds to investors, although the interest rate it will pay has yet to be decided, the company said in a statement.
Netflix plans to release 80 films next year, but some analysts are wary about its cash burn and debt interest costs.
The company's latest debt fundraising is its largest so far, and the fourth time in three years it has raised more than $1bn by issuing bonds.
Earlier this month, Netflix said it would raise prices in countries including the UK and US for the first time in two years.
Has Netflix added enough original material to make up for the licensed content they've dropped and the price increase they mean to enact?
(Score: 2) by Grishnakh on Wednesday October 25 2017, @07:03PM
Right, but it's silly to think that one production company is going to make all the stuff I'll want to watch, so instead we'll wind up with lots of different, incompatible streaming services, and you'll have to have subscriptions to all of them just because there's one (and only one) show on each you want to watch (CBS All Access, HBO Go, etc.).
The whole point of Netflix was that they'd have pretty much everything you wanted to watch in one place, for one monthly price.