Uber Technologies Inc

NYSE:UBER   3:28:25 PM EDT
-0.33 (-0.70%)
Debt Financing / Related, Equity Financing / Related

Uber Announces Proposed Private Placement Of $1.0 Billion Of Convertible Senior Notes

Published: 12/07/2020 21:20 GMT
Uber Technologies Inc (UBER) - Uber Announces Proposed Private Placement of $1.0 Billion of Convertible Senior Notes.
Uber Technologies Inc - Intends to Offer, $1.0 Billion Principal Amount of Convertible Senior Notes Due 2025.
Uber Technologies - Also Intends to Grant Initial Purchasers of Notes an Option to Purchase Up to an Additional $150 Million Principal Amount of Notes.
Uber Technologies Inc - Uber Intends to Use Net Proceeds From Offering for Working Capital and Other General Corporate Purposes.
Uber Technologies Inc - Notes Will Be Senior Unsecured Obligations of Uber and Will Accrue Interest Payable Semiannually in Arrears.