Uber Technologies, Inc. successfully completed a significant financial milestone with the registered public offering of its senior notes on September 9, 2024. The offering included $1.25 billion of 4.300% Senior Notes due 2030, $1.5 billion of 4.800% Senior Notes due 2034, and $1.25 billion of 5.350% Senior Notes due 2054. These senior unsecured debt obligations were issued under an underwriting agreement with major financial institutions including Morgan Stanley & Co. LLC, BofA Securities, Inc., and J.P. Morgan Securities LLC. The proceeds from this offering are earmarked for the repayment of all outstanding loans under the company's term loan agreement, which had an outstanding principal amount of approximately $1.97 billion as of June 30, 2024. Additionally, Uber plans to use the remaining funds to redeem its 8.00% Senior Notes due in 2026 and for general corporate purposes. The company has clarified that this report should not be construed as a notice of redemption for the 8.00% Senior Notes.

Uber Technologies, Inc. successfully completed a significant financial milestone with the registered public offering of its senior notes on September 9, 2024. The offering included $1.25 billion of 4.300% Senior Notes due 2030, $1.5 billion of 4.800% Senior Notes due 2034, and $1.25 billion of 5.350% Senior Notes due 2054. These senior unsecured debt obligations were issued under an underwriting agreement with major financial institutions including Morgan Stanley & Co. LLC, BofA Securities, Inc., and J.P. Morgan Securities LLC. The proceeds from this offering are earmarked for the repayment of all outstanding loans under the company's term loan agreement, which had an outstanding principal amount of approximately $1.97 billion as of June 30, 2024. Additionally, Uber plans to use the remaining funds to redeem its 8.00% Senior Notes due in 2026 and for general corporate purposes. The company has clarified that this report should not be construed as a notice of redemption for the 8.00% Senior Notes.