Summary by Futu AI
Uber Technologies, Inc. has announced the pricing terms for its senior notes offering on September 4, 2024. The offering includes three series of senior notes: 4.300% Senior Notes due 2030 with a principal amount of $1,250,000,000, 4.800% Senior Notes due 2034 with a principal amount of $1,500,000,000, and 5.350% Senior Notes due 2054 with a principal amount of $1,250,000,000. The notes are expected to settle on September 9, 2024. The joint book-running managers for the offering include major financial institutions such as Morgan Stanley, BofA Securities, and J.P. Morgan Securities among others. The senior notes are rated Baa2 (S) / BBB- (P) / BBB (S) by Moody's, S&P, and Fitch respectively. The notes offer semi-annual interest payments and feature optional redemption clauses, as well as a change of control put option. The issuer has filed a registration statement with the SEC, and the prospectus and other documents related to the offering are available on the SEC's EDGAR website or upon request from the underwriters.
