Uber Is Said to Seek Up to $2 Billion in High-Yield Debt
- Ride-hailing company is working with Morgan Stanley, Barclays
- Startup is said to target a loan of $1 billion to $2 billion
Building Uber for the Long Run
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Uber Technologies Inc.’s insatiable appetite for capital is driving it toward the market for high-yield debt.
The ride-hailing company is seeking to raise $1 billion to $2 billion in a leveraged loan, said a person familiar with the matter. Uber is working with Morgan Stanley and Barclays Plc on the proposed deal, the person said.