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Market Chatter: Uber to Sound Out Investors for Potential Debut Investment-Grade Bond Sale
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Market Chatter: Uber to Sound Out Investors for Potential Debut Investment-Grade Bond Sale
Sep 3, 2024 8:42 AM

11:02 AM EDT, 09/03/2024 (MT Newswires) -- Uber Technologies ( UBER ) scheduled fixed-income investor calls from 9 am to 3:30 pm New York Time Tuesday to sound out investors for its potential inaugural investment-grade bond sale, Bloomberg News reported Tuesday, citing a person with knowledge of the matter.

Morgan Stanley ( MS ) , BofA Securities (BAC) and JPMorgan Chase ( JPM ) will arrange the calls, and they may be followed by a senior unsecured bond sale, the report said.

Uber ( UBER ) didn't immediately reply to a request for comment, Bloomberg reported.

The company didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 72.78, Change: -0.35, Percent Change: -0.48

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