Uber Technologies $1.15 billion convertible notes offering
12/11/2020

Davis Polk advised the initial purchasers in connection with a Rule 144A offering by Uber Technologies, Inc. of $1.15 billion aggregate principal amount of its 0% convertible senior notes due 2025, which included $150 million aggregate principal amount of notes issued pursuant to the exercise in full of the initial purchasers’ option to purchase additional notes.

Uber is a technology platform that uses a massive network, leading technology, operational excellence and product expertise to power movement from point A to point B. Uber is headquartered in San Francisco, California.

The Davis Polk corporate team included partners Alan F. Denenberg and Emily Roberts and associates Daniel Fox and Sarah Kirk. Partner Po Sit and associate Joseph M. Gerstel provided tax advice. Partner Frank J. Azzopardi and associate Yifu Chen provided intellectual property advice. Members of the Davis Polk team are based in the Northern California and New York offices.