Update: Market Chatter: Uber Targets 4 Billion Euros From Five-Tranche Euro Bond Deal, Deal Size Could Increase
MT newswire2026/09/09 09:29Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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05:29 AM EDT, 09/09/2026 (MT Newswires) -- (Updates with more details on the transaction in the headline and second paragraph.) Uber Technologies (UBER) launched its inaugural five-tranche euro bond offering, which is expected to be priced on the same day, Bloomberg News reported Wednesday, citing a person familiar with the matter. The company expects the transaction to raise around 4 billion euros, although the deal could be expanded, according to separate people familiar with the matter. The company is marketing fixed-rate debt with terms ranging between three and 20 years, with initial yield spreads from 75 to 80 basis points over mid-swaps for the shortest-dated tranche to about 200 basis points for the longest, the news outlet quoted the source as saying. Goldman Sachs (GS), Bank of America (BAC), Deutsche Bank (DB), and Morgan Stanley (MS) are lead-managing the debt issuance, among others, Bloomberg News reported. Uber Technologies, Goldman Sachs, Bank of America, Deutsche Bank, and Morgan Stanley did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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