Netflix (NFLX - Get Report)  will raise capital through a $2 billion offering of U.S. dollar and euro-denominated senior unsecured notes, sending the stock tumbling 0.2% Tuesday.

The streaming giant said it plans to use the proceeds from the offering for general corporate purposes, which may include content acquisitions and general corporate purposes.

The interest rate and other details of the offering will be determined by negotiations between Netflix and the initial debt purchasers.

Last year, Netflix reported spending $3 billion more in cash than it generated from operations, and the company forecast negative cash flow to increase to $3.5 billion in 2019. 

Shares declined last week after the company said that it expects to add 5 million subscribers in the current quarter, down from the 5.45 million subscribers it added a year earlier.