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Uber raises $1.15B leveraged loan
- nstj 10y agoAnyone with subject matter expertise know what level of debt:equity your balance sheet needs for a loan to be classified as a "leveraged loan"? > In leveraged loans, investment banks arrange and syndicate among institutional investors a loan to a company with _significant existing debt._
- a_small_island 10y agoThe article doesn't offer any conclusion as to why they would raise 3B in equity and turn around a short time later to take 1B in loans, any takes on this point?
- deleted 10y ago[deleted]