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.
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