Sources reveal Uber is ready to re-enter the leveraged loan market | Raising $1.25 billion

According to foreign media reports, Uber, a car-launching platform that has spent US$10.7 billion for nine years, is currently preparing for financing. Sources have revealed that he intends to bypass the bank and enter the US leveraged loan market again, raising US$1.25 billion.

Sources reveal that Uber is ready to re-enter the leveraged loan market to raise $1.25 billion

Sources revealed that for this financing, Uber has started direct contact with investors in the loan market and arranged to discuss with investors on financing on March 9.

This is Uber's second financing in the leveraged loan market, the last time in 2016, when Uber under the arrangement of Morgan Stanley raised $1.15 billion from the leveraged loan market.

However, unlike the leveraged loan of 2016, Uber did not intend to pass banks such as Morgan Stanley. Sources revealed that it was preparing to bypass the bank.

Although Uber just announced a loss of up to $4.5 billion last year this month, it will not hinder Uber's financing. It is still very popular among investors in the loan market. Softbank’s consortium has a Uber valuation of 54 billion U.S. dollars. US dollar, According to this valuation, Uber is invested by venture capital companies, and currently there is no largest technology company listed on the stock market.