Uber Announces Debut High-Grade Bond Sale to Raise Up to $3 Billion

Uber Technologies Inc. has announced plans to issue its first high-grade bonds, aiming to raise up to $3 billion in funding. These bonds will be offered with the highest credit quality rating, highlighting the growing investor interest in financially stable businesses. The company previously faced some corrections in market valuation, making its desire to establish a financial cushion particularly relevant.

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