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

REPORT: Uber Has Hired Goldman Sachs To Raise A Bunch Of Money
Tech1 min read

uber ceo travis Kalanick

Flickr/Fortune

Uber CEO Travis Kalanick.

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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