We advised the joint book-running managers and underwriters on the offering

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 5.250% senior notes due 2036.

Netflix is one of the world’s leading entertainment services offering TV series, films, games and live programming across a wide variety of genres and languages.

The Davis Polk corporate team included partners Alan F. Denenberg and Beth LeBow and associates Cole Davis and Larry Lo. The tax team included partner Ethan R. Goldman and associates Alanna Phillips and Zoey Chau. Partner Matthew J. Bacal and associate Ryan Grawe provided intellectual property advice. Members of the Davis Polk team are based in the Northern California and New York offices.