<p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5760434d52bcd01f7b8c8d9c-1413/travis_kalanick_leweb.jpg" alt="Travis Kalanick" data-mce-source="Wikimedia, CC" data-link="http://en.wikipedia.org/wiki/File:Travis_Kalanick_LeWeb.jpg" /><p class="source"><span><a href="http://en.wikipedia.org/wiki/File:Travis_Kalanick_LeWeb.jpg">Wikimedia, CC</a></span></p></div><p></p></div></div>Uber is raising up to $2 billion in the form of a leveraged loan, <a href="http://www.wsj.com/articles/uber-to-raise-up-to-2-billion-in-leveraged-loan-market-1465925931">according to a new report from The Wall Street Journal's Marueen Farrell, Matt Wirz, and Douglas MacMillan.</a></p><p>The ride-hailing company is tapping Barclay's PLC and Morgan Stanley to sell a leveraged loan of up to $2 billion, according to The Journal.</p><div data-scrim="{" type:authorheader:Maureen="" Farrellsubhead:The="" Wall="" Street="" Journallist:="" itemscope="" itemprop="author" itemtype="http://schema.org/Person"><span></span>The move comes just two weeks after the ride-hailing service <a href="http://www.businessinsider.com/uber-gets-35-billion-investment-from-saudi-arabia-2016-6">raised $3.5 billion</a> from a Saudi Arabian investment fund.</div><p>In the coming weeks, Uber is also said to be planning to tap institutional investors for a loan as well. </p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/mount-everest-climbers-snapchat-2016-6">How to Snapchat from over 20,000 feet - as told by the Everest climbers that just did it</a></h3>        <div>            <div>    <script src="http://player.ooyala.com/v3/6e12e8b3387a44daacfb73afba25a76e"></script>    <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="M0cnl5MzE68yoRV3CnKL49LJ42zOLfZN" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>    <script>    if (typeof RunFunctions === 'undefined') { var RunFunctions = []; }     RunFunctions.push(function()    {         var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', 'M0cnl5MzE68yoRV3CnKL49LJ42zOLfZN',{ autoplay: 'false' });     });    </script>    <noscript><div>Please enable Javascript to watch this video</div></noscript></div>        </div>        <script>(function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }()); </script>    </div>

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BusinessInsider

Uber is turning to the riskiest part of the debt market to raise up to another $2 billion

Wikimedia, CCUber is raising up to $2 billion in the form of a leveraged loan, according to a new report from The Wall Street Journal's Marueen Farrell, Matt Wirz, and Douglas MacMillan.The ride-hailing company is tapping Barclay's PLC and Morgan Stanley to sell a leveraged loan of up to $2 billion, according to The Journal.The move comes just two weeks after the ride-hailing service raised $3.5 billion from a Saudi Arabian investment fund.In the coming weeks, Uber is also said to be planning to tap institutional investors for a loan as well. NOW WATCH: How to Snapchat from over 20,000 feet - as told by the Everest climbers that just did it if (typeof RunFunctions === 'undefined') { var RunFunctions = []; } RunFunctions.push(function() { var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', 'M0cnl5MzE68yoRV3CnKL49LJ42zOLfZN',{ autoplay: 'false' }); }); Please enable Javascript to watch this video (function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }());

Wikimedia, CCUber is raising up to $2 billion in the form of a leveraged loan, according to a new report from The Wall Street Journal's Marueen Farrell, Matt Wirz, and Douglas MacMillan. The ride-hailing company is tapping Barclay's PLC and Morgan Stanley to sell a leveraged loan of up to $2 billion, according to The Journal.

Uber is turning to the riskiest part of the debt market to raise up to another $2 billion

Avery Hartmans

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