Uber

Uber Raised $1.15B Leveraged Loan at a Yield of 5%

Uber has reportedly raised $1.15 billion in July 7, 2016. This new high-yield loan  will allow the company to take advantage of low interest rates without diluting the equity of early investors.  According to the Wall Street Journal, “Uber will pay a yield of about 5% on the loan, underwritten by a group led by Morgan Stanley and also including Barclays PLC, Citigroup Inc. and Goldman Sachs Group Inc.” Last month Uber raised $3.5 billion from the investment arm of Saudi Arabia.

In the past two years alone, Uber has raised $13.8 billion in private rounds, mostly from venture capital and private equity but also in convertible debt.  Uber currently valued at $68 billion in private market.

Uber CEO, Travis Kalanick recently stated “We are going to IPO as late as humanly possible,” Kalanick recently said at a conference in Berlin, according to Business Insider. “It’ll be one day before my employees and significant others come to my office with pitchforks and torches.”

UBER TOTAL FUNDING : $15.5B IN 17 ROUNDS : [ Via Venture Pulse Data ]

DateFunding AmountFunding RoundLead VC/Investor
Jul, 2016$1.15BDebt FinancingMorgan Stanley
Jun, 2016$3.5B Private EquitySaudi Arabia's Public Investment Fund
Feb, 2016$200MPrivate EquityLetterOne
Jan, 2016$2B Private Equity
Sep, 2015$1.2BPrivate EquityBaidu
Aug, 2015$100M Private EquityTata Opportunities Fund
Jul, 2015$1B Series F
Feb, 2015$1BSeries E
Jan, 2015$1.6BDebt FinancingGoldman Sachs
Dec, 2014$600MSeries EBaidu
Dec, 2014$1.2B Series E
Jun, 2014$1.4BSeries DFidelity Investments
Aug, 2013$258M Series CGV
Dec, 2011$37MSeries BMenlo Ventures
Feb, 2011$11MSeries ABenchmark
Oct, 2010$1.25MAngelFirst Round
Aug, 2009$200kSeed

UBER ACQUISITION : (1) [ Via Venture Pulse Data ]

DateAcquiredAmount
Mar 3, 2015deCartaUnknown