Uber Technologies Inc. Launches $2 Billion Commercial Paper Program for Short-Term Financing

Reuters
昨天
Uber Technologies Inc. Launches $2 Billion Commercial Paper Program for Short-Term Financing

On June 4, 2025, Uber Technologies Inc. announced the establishment of a new commercial paper program, allowing the company to issue short-term, unsecured commercial paper notes with a total value not exceeding $2 billion. These notes, which will have maturities of up to 397 days, are part of Uber's strategy to manage its finances efficiently. The company plans to use the net proceeds for general corporate purposes. The program involves multiple commercial paper dealers and a national bank acting as the issuing and paying agent. The notes are exempt from registration under the Securities Act of 1933, emphasizing Uber's commitment to maintaining flexible financing options while adhering to regulatory standards.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Uber Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001552781-25-000205), on June 06, 2025, and is solely responsible for the information contained therein.

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