Uber Raises $2.25 Billion in Senior Notes Offering

Uber Technologies has completed a $2.25 billion senior notes offering, raising $1 billion of 4.150% notes due 2031 and $1.25 billion of 4.800% notes due 2035. The company plans to use the net proceeds for general corporate purposes, including repaying outstanding convertible notes and redeeming other senior notes. This move is part of Uber's efforts to optimize its capital structure and enhance financial flexibility.

Uber Technologies Inc. has successfully closed a $2.25 billion offering of senior notes, the company announced on September 11, 2025. The offering includes $1 billion in 4.15% senior notes due in 2031 and $1.25 billion in 4.8% senior notes due in 2035. These notes are unsecured debt obligations Uber Technologies Sells $2.25 Billion of Senior Notes^[1].

Underwriting the offering were Goldman Sachs, Barclays, and J.P. Morgan. The funds will be used to repay outstanding 0% convertible senior notes due in 2025, redeem 7.5% senior notes due in 2027, and redeem 6.25% senior notes due in 2028. The company aims to optimize its capital structure and enhance financial flexibility with this transaction Uber Technologies Sells $2.25 Billion of Senior Notes^[2].

Uber's move to issue senior notes is part of its broader strategy to manage its debt profile and improve liquidity. This action follows the company's recent focus on reducing its debt levels and strengthening its balance sheet.