Uber raises $1.6B in convertible debt from Goldman Sachs
January 21, 2015 at 16:50 PM EST
Uber Technologies has reportedly raised $1.6 billion in convertible debt from Goldman Sachs Group. Bloomberg cited unnamed sources who said the deal with Goldman Sachs' private clients is a six-year bond that converts to equity at a 20 percent to 30 percent discount of whatever Uber's valuation is when it goes public...