share_log

Uber Technologies Enters A $5B Unsecured Revolving Credit Agreement With Bank Of America, Replacing Its Previous Credit Facility; The Agreement Will Mature On September 26, 2029

Benzinga ·  Sep 27 18:55

On September 26, 2024, Uber Technologies, Inc. (the "Company") entered into a Credit Agreement (the "Credit Agreement"), among the Company, the lenders party thereto, the letter of credit issuers party thereto and Bank of America, N.A., as administrative agent. The Credit Agreement replaces the Company's existing Revolving Credit Agreement, dated as of June 26, 2015, among the Company, certain subsidiary guarantors from time to time party thereto, the lenders party thereto and Morgan Stanley Senior Funding, Inc., as administrative agent (as amended to date, the "Existing Credit Agreement"), which was terminated effective September 26, 2024.

The Credit Agreement provides for $5.0 billion in aggregate amount...

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment