Netflix is raising another ~$1.08 billion in debt ($1 billion euros), the company announced Monday.
This is par for the course for Netflix, which raised a similar $1 billion in debt in October, primarily to fund its ongoing push into original shows.
"Netflix intends to use the net proceeds from this offering for general corporate purposes, which mayinclude content acquisitions, capital expenditures, investments, working capital and potential acquisitionsand strategic transactions," Netflix wrote in a statement Monday.
In short: Netflix could use the money for anything. But original content is the main driver, Netflix explained in its earnings letter to shareholders last week, as it tried to allay fears about it taking on too much debt.