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REPORT: Uber Has Hired Goldman Sachs To Raise A Bunch Of Money

Myles UdlandDec 1, 2014, 23:09 IST

Uber has hired Goldman Sachs to raise money from the bank's high-net-worth clients, reports Fortune's Dan Primack.

Primack reports that Goldman began sending information packets on Uber to its wealth management clients this morning, and that the bank could raise "hundreds of millions of dollars to support Uber's balance sheet and international expansion efforts."

The securities being offered by Goldman to clients are structured as convertible debt, Primack reports.

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