October 16, 2018 / 9:08 PM / a month ago

Uber boosts junk-bond offering to $2 bln - Bloomberg

Oct 16 (Reuters) - Ride-hailing firm Uber Technologies Inc increased the size of its debut bond offering to $2 billion as orders for the private placement swelled during an otherwise slow week for junk-bond sales, Bloomberg reported on Tuesday.

Uber Chief Executive Officer Dara Khosrowshahi has said the company is on track to go public next year. (Reporting by Debroop Roy in Bengaluru)

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