Uber Technologies Inc, founded in 2009 and headquartered in San Francisco, California, is a global technology company that revolutionizes transportation through its ride-hailing services. The company operates a variety of services, including Uber Eats for food delivery, Uber Freight for logistics, and advanced technologies in autonomous vehicles.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Uber has actively utilized bond markets to finance its growth, notably issuing its first bonds in 2018, totaling $1.5 billion. Significant in their recent history, they issued $1 billion in senior notes in 2020, with an attractive yield for investors amid low interest rates in the industry. As of October 2023, Uber's bonds have shown yields competitive with peers like Lyft, enhancing their appeal, especially given their fixed-rate features that provide predictable income in a fluctuating market.