---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-23-000469"
form_type: "8-K"
ticker: "UBER"
cik: "0001543151"
company_name: "Uber Technologies, Inc"
filed_at: "2023-11-24T23:59:59+00:00"
generated_at: "2026-06-07T21:51:34.880209+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Uber issues $1.5B 0.875% convertible notes; redeems $1B 7.5% senior notes due 2025

## Summary
- Issued $1.5B 0.875% convertible notes due 2028, upsized from $1.2B; conversion price $72.54/share (32.5% premium).
- Net proceeds ~$1.7B; $140.6M for capped calls; remainder to redeem $1B 7.5% senior notes due 2025.
- Capped call transactions with initial cap price ~$95.81/share (75% premium) to reduce dilution on conversion.
- Amended 0% convertible notes due 2025 to eliminate physical settlement, require cash settlement with min $1,000 cash per $1,000 principal.

## SEC filing metadata
- accession: 0001552781-23-000469
- form_type: 8-K
- ticker: UBER
- cik: 0001543151
- company_name: Uber Technologies, Inc
- filed_at: 2023-11-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1543151/000155278123000469/0001552781-23-000469-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1543151/000155278123000469/e23472_uber-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-23-000469
- JSON: https://secwatch.observer/filing/0001552781-23-000469.json
- Plain text: https://secwatch.observer/filing/0001552781-23-000469.txt

## Key facts
- Material Agreements
  Uber Technologies, Inc entered into Indenture with U.S. Bank Trust Company, National Association valued at $1.5 billion aggregate principal amount (effective 2023-11-24).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: U.S. Bank Trust Company, National Association
  - Value: $1.5 billion aggregate principal amount
  - Effective: 2023-11-24
  source text: On November 24, 2023, Uber Technologies, Inc. (the “ Company ”) completed its previously announced private offering of $1.5 billion aggregate principal amount of its 0.875% Convertible Senior Notes due 2028 (the “ Notes ”) to several investment banks acting as initial purchasers (collectively, the “ Initial Purchasers ”), including the exercise in full by the Initial Purchasers of their option to purchase up to an additional $225.0 million aggregate principal amount of the Notes. The Notes were issued pursuant to an indenture, dated November 24, 2023 (the “ Indenture ”), between the Company and U.S. Bank Trust Company, National Association, as trustee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1543151/000155278123000469/0001552781-23-000469-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.