Uber (UBER) Announces Proposed Private Placement of $1.0 Billion of Exchangeable Senior Notes
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Uber Announces Proposed Private Placement of $1.0 Billion of Exchangeable Senior Notes
May 13, 2025 4:07 PM EDTExchangeable for Class A Common Stock of Aurora Innovation, Inc.
SAN FRANCISCO--(BUSINESS WIRE)-- Uber Technologies, Inc. (NYSE: UBER) today announced that it intends to offer, subject to market conditions and other factors, $1.0 billion principal amount of Exchangeable Senior Notes due 2028 (the notes) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act). Uber also intends to grant the initial purchaser of the notes an option to purchase up to an additional $150 million principal amount of the... More
