Ride hailing company Uber Technologies has set price talk on its debut US$1.5bn high-yield bond sale, three sources familiar with the matter told IFR.
Price talk on the biggest US$1bn eight-year non-call three year tranche is 8% area and 7.5% area on the smaller US$500m five-year non-call two tranche. Those levels are in line with earlier whisper levels.
The private deal is expected to price early to mid-week, one of the sources said.
