Uber Technologies, Inc. has entered into several new credit agreements to finance its previously announced public takeover offer for Delivery Hero SE and to refinance its corporate credit facilities. The financing includes a new Term Loan Credit Agreement and a new $7.7 billion Revolving Credit Agreement, both established on August 6, 2026.
Key Details
- Term Loan Agreement: The company secured a new senior unsecured Term Loan Credit Agreement to finance its offer for Delivery Hero. This new facility reduces commitments under a previously disclosed Bridge Credit Agreement by €4.0 billion. The term loan is structured in two tranches with maturities of 18 months (Tranche A) and three years (Tranche B) after the closing date.
- Revolving Credit Agreement: Uber entered into a new $7.7 billion senior unsecured Revolving Credit Agreement with a maturity date of August 6, 2031. This facility replaces the company's existing revolving credit agreement and will be used for general corporate purposes. At closing, no borrowings were drawn, but $324 million in letters of credit were transitioned from the previous facility.
- Administrative Agents: Morgan Stanley Senior Funding, Inc. is the administrative agent for the Term Loan and Bridge Credit Agreements, while Bank of America, N.A. is the administrative agent for the new Revolving Credit Agreement.