Uber Sells $2.25 Billion of Investment-Grade Bonds

Uber Technologies Inc. sold $2.25 billion of US investment-grade bonds Monday, its first offering this year.

The ride-hailing firm offered the debt in two parts, a person familiar with the matter said. The longer-dated security, a 10-year bond, will yield 0.8 percentage point above similarly dated Treasuries, the person said, asking not to be identified disclosing private details.