PODCAST: Uber — friends, family, and flying taxis
Uber is in the market with its first-ever bond deal, a private offering marketed to “friends and family” investors. It’s the latest in a recent crop of fast-growing but cash-burning companies tapping the high yield markets—this week, Uber told investors they would likely have to wait another three years before the company generates EBITDA.
In this podcast, Debtwire associate editor Will Caiger-Smith gets the inside scoop on the tightly run syndication from high yield reporters Farhin Lilywala and Paula Seligson, who broke the news of the deal earlier this week.
CLICK HERE to listen to the podcast
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