Uber in talks to close up to $2 Billion in leveraged loans

Rumors from the Wall Street Journal that Uber was in the process of finalizing terms for a $1-2 Billion leveraged loan began spreading just after noon PST. This comes just two weeks after the company closed a $3.5 billion equity round from Saudi Arabia’s Public Investment Fund. If the deal goes through, it would mean the company has added $5.5 Billion to it coffers in the amount of time… Read More...