NEW YORK - EBay Inc. plans to sell $1.5 billion in bonds on Thursday in its first-ever debt offering, coming on the heels of its stronger-than-forecast third-quarter earnings report. In a regulatory filing, the online-auction company said that as of Sept. 30, it had no secured or unsecured debt outstanding. The company is selling 3-year, 5-year and 20-year bonds for general corporate purposes, which may include acquisitions and capital expenses, eBay said. The company has received bids for about $6 billion in debt, according to Andrew Brenner at Guggenheim Securities.
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