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September 01, 2020 1:28pm
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Uber raises $1.6B in convertible debt from Goldman Sachs

Uber Technologies has reportedly raised $1.6 billion in convertible debt from Goldman Sachs Group. Bloomberg cited unnamed sources who said the deal with Goldman Sachs' private clients is a six-year bond that converts to equity at a 20 percent to 30 percent discount of whatever Uber's valuation is when it goes public...
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