Uber Announces Pricing of $1.0 Billion Exchangeable Senior Notes Offering
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Uber Announces Pricing of $1.0 Billion Exchangeable Senior Notes Offering
May 13, 2025 11:21 PM EDTExchangeable for Class A Common Stock of Aurora Innovation, Inc.
SAN FRANCISCO--(BUSINESS WIRE)-- Uber Technologies, Inc. (NYSE: UBER) today announced the pricing of $1.0 billion principal amount of 0.0% 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 granted the initial purchaser of the notes an option to purchase up to an additional $150 million principal amount of the notes. The sale of the notes is expected to close on May 20, 2025,... More
