(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.
The Uber application is seen on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah McKay
Uber Chief Executive Officer Dara Khosrowshahi has said the company is on track to go public next year.
Reporting by Debroop Roy in Bengaluru