With rivals circling, Netflix may to return to junk bond market for funds

Netflix will spend about $14.5 billion on programming this year, a total that includes licenses for reruns as well as original programs like Stranger Things and The Irishman

If history is any guide, Netflix Inc. will be coming back to the junk bond market soon to fund its growing output of TV shows and movies.

The streaming giant, which has already flagged to investors that it plans to return to the market, has issued debt in every October for the past three years, and analysts expect this month to be no different.

The company met with investors in London and New York last month at a bank conference where it indicated another bond sale could be coming in October, according to people familiar with the matter who asked not to