Tuesday, 14 June 2016

Uber reportedly seeks to raise up to $2 billion in the leveraged loan market

Uber needs cash to power its global expansion, but selling more equity could prove costly for the world’s most valuable start-up.

That’s why the ride-hailing giant is turning to the risky leveraged loan market, according to a person familiar with the matter.

Uber has hired Morgan Stanley and Barclays...

from Sniply: Africa http://snip.ly/fvg45

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