Netflix likely to upgrade from junk status to investment-grade status
- Companies that leave junk status and become investment grade, known as rising stars, can often get financing from a deeper pool of borrowers at lower rates
- Rising stars often sell high-grade bonds soon after they are upgraded, and tend to perform better than the broader market
Netflix Inc. is edging closer to investment-grade status, according to Bloomberg Intelligence, amid a wave of credit upgrades in the past year.
Select your Category
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more