Category: Debtwire

Private Plane Service VistaJet Pays Up For Debt As Plunging Stocks Stoke Growth Fears

By Paula Seligson and Farhin Lilywala Flying in a private jet has long been a badge of wealth and success, with proponents ranging from Donald Trump to Beyoncé and Jay-Z. But the link between economic prosperity and luxury travel is among the factors that forced a charter plane company to pay more than it expected for debt funding…

Read more Private Plane Service VistaJet Pays Up For Debt As Plunging Stocks Stoke Growth Fears

Uber preps USD 1.5bn debut bond offering, sets call for tomorrow

by Farhin Lilywala, Paula Seligson and Anastasia Donde Uber is working with Morgan Stanley on outreach related to raising around USD 1.5bn via an unsecured bond deal, said two buysiders and two trading sources. The company has outlined a dual-tranche structure that includes an eight-year non-call three piece whispered at 8% and a five-year non-call two…

Read more Uber preps USD 1.5bn debut bond offering, sets call for tomorrow