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US taxi application Uber to raise 1.6 billion dollars through a convertible bond agreement

Source: Internet
Author: User
Keywords Uber business car rental drop truck
Tags application business business car business car rental common stock convertible convertible bonds customers
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Beijing time January 22 Morning news, according to Bloomberg website reported that the U.S. taxi application Uber has reached a convertible bond agreement, from Goldman Sachs Wealth management customers to raise 1.6 billion of billions of dollars.

reported that the investment will be in the form of 6-year convertible bonds, which can be converted to Uber common stock, the conversion price will be more than Uber IPO (IPO) Price lower 20% to 30%.

Sources said Uber plans to use the funds to expand international business and research work. If Uber IPO in four years, interest payments on the bond will increase.

Uber just raised 1.2 billion dollars last month when the company valued $41 billion in the financing round. (Tangfeng)

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