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Uber Plans $1 Billion of Exchangeable Senior Notes Offering
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Uber Plans $1 Billion of Exchangeable Senior Notes Offering
May 26, 2025 7:10 AM

04:19 PM EDT, 05/13/2025 (MT Newswires) -- Uber Technologies ( UBER ) said Tuesday it plans to offer $1 billion of exchangeable senior notes due 2028 to institutional buyers.

The company also said it intends to grant the initial purchaser an option to purchase up to an additional $150 million of the notes.

Net proceeds are intended for general corporate purposes, including strategic investments.

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