Expect more big blockbuster movies and TV series from Netflix after the US Streaming Company moved to raise $2.8 Billion for new content.

The Company approached the debt markets to fund its enormous appetite for content with the Company claiming they are “stable” and “growing”.

As of Sept. 30, 208, Netflix reported $8.34 billion in long-term debt, up 71% from $4.89 billion a year prior. The latest proposed debt offering is the sixth time in less than four years that the company is raising $1 billion or more through bonds.

Shortly after the announcement Netflix shares fell more than 3%.

Moody’s Investors Service assigned a “Ba3” junk-bond rating to Netflix’s proposed offering, indicating a non-investment grade “speculative” security. The outlook for Netflix remains “stable,” according to Moody’s, which “reflects our expectation that Netflix’s operating results will improve gradually and the company will de-lever through revenue, EBITDA and margin growth.”