Uber Technologies, Inc

3 active facilities, size not stated, next covenant test Sep 30, 2026. UBER

Services-Business Services, NEC

Recent changes

  1. Aug 7, 2026Uber Technologies, Inc signs TERM LOAN CREDIT AGREEMENTSEC ↗
  2. Aug 7, 2026Uber Technologies, Inc signs CREDIT AGREEMENTSEC ↗
  3. Jul 16, 2026Uber Technologies, Inc signs BRIDGE CREDIT AGREEMENTSEC ↗

Interest coverage: when the limit steps, and which way the company's ratio has been moving.

18.08x9.55x1.03x
Tested quarterly437.0%ratio 16.11x, estimated, vs 3.00x limit in force at Jun 30, 20263.00x
The Borrower will not permit the ratio, determined as of the end of each of its fiscal quarters ending after the Closing Date, of (x) Consolidated Adjusted EBITDA to (y) Consolidated Interest Expense, for any Measurement Period ended on such date, to be less than 3.00:1.00.
Read the filing on sec.gov ↗
Tested quarterly437.0%ratio 16.11x, estimated, vs 3.00x limit in force at Jun 30, 20263.00x
The Borrower will not permit the ratio, determined as of the end of each of its fiscal quarters ending after the Closing Date, of (x) Consolidated Adjusted EBITDA to (y) Consolidated Interest Expense, for any Measurement Period ended on such date, to be less than 3.00:1.00.
Read the filing on sec.gov ↗
Tested quarterly437.0%ratio 16.11x, estimated, vs 3.00x limit in force at Jun 30, 20263.00x
The Borrower will not permit the ratio, determined as of the end of each of its fiscal quarters ending after the Closing Date, of (x) Consolidated Adjusted EBITDA to (y) Consolidated Interest Expense, for any Measurement Period ended on such date, to be less than 3.00:1.00.
Read the filing on sec.gov ↗

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TERM LOAN CREDIT AGREEMENT

Signed Aug 6, 2026

Committed
n/a
Matures
n/a
Agent
MORGAN STANLEY SENIOR FUNDING, INC.
TrancheSizeMaturesMargin
Tranche A LoanEUR n/an/a55–138 bps
Tranche B LoanEUR n/an/a55–138 bps

Priced over EURIBOR, floor 0 bps (Delayed draw term loan).

LevelConditionMarginUnused fee
Level 1≥ A+/A1/A+55 bps5 bps
Level 2A/A2/A63 bps6 bps
Level 3A-/A3/A-75 bps7 bps
Level 4BBB+/Baa1/BBB+88 bps8 bps
Level 5BBB/Baa2/BBB100 bps10 bps
Level 6≤ BBB-/Baa3/BBB-125 bps15 bps

§1.01

Priced over EURIBOR, floor 0 bps (Delayed draw term loan).

LevelConditionMarginUnused fee
Level 1≥ A+/A1/A+68 bps5 bps
Level 2A/A2/A75 bps6 bps
Level 3A-/A3/A-88 bps7 bps
Level 4BBB+/Baa1/BBB+100 bps8 bps
Level 5BBB/Baa2/BBB113 bps10 bps
Level 6≤ BBB-/Baa3/BBB-138 bps15 bps

§1.01

Lenders: MORGAN STANLEY SENIOR FUNDING, INC., BofA SECURITIES, INC., DEUTSCHE BANK SECURITIES INC., CITIBANK, N.A., GOLDMAN SACHS BANK USA

CREDIT AGREEMENT

Signed Aug 6, 2026

Committed
n/a
Matures
n/a
Agent
BANK OF AMERICA, N.A.
TrancheSizeMaturesMargin
Revolving credit facilityn/an/a55–125 bps

Priced over Term SOFR, floor 0 bps (Revolving credit facility).

LevelConditionMarginUnused fee
Level 1≥A+/A1/A+55 bps5 bps
Level 2A/A2/A63 bps6 bps
Level 3A-/A3/A-75 bps7 bps
Level 4BBB+/Baa1/BBB+88 bps8 bps
Level 5BBB/Baa2/BBB100 bps10 bps
Level 6≤ BBB-/Baa3/BBB-125 bps15 bps

Lenders: BofA SECURITIES, INC., MORGAN STANLEY SENIOR FUNDING, INC., CITIBANK, N.A., GOLDMAN SACH BANK USA, JPMORGAN CHASE BANK, N.A.

BRIDGE CREDIT AGREEMENT

Signed Jul 16, 2026

Committed
n/a
Matures
n/a
Agent
MORGAN STANLEY SENIOR FUNDING, INC.
TrancheSizeMaturesMargin
Delayed draw term loanEUR n/an/a55–125 bps

Priced over EURIBOR, floor 0 bps (Delayed draw term loan).

LevelConditionMarginUnused fee
Level 1≥ A+/A1/A+55 bps5 bps
Level 2A/A2/A63 bps6 bps
Level 3A-/A3/A-75 bps7 bps
Level 4BBB+/Baa1/BBB+88 bps8 bps
Level 5BBB/Baa2/BBB100 bps10 bps
Level 6≤ BBB-/Baa3/BBB-125 bps15 bps

§1.01

Lenders: MORGAN STANLEY SENIOR FUNDING, INC., BofA SECURITIES, INC., DEUTSCHE BANK SECURITIES INC.

  1. Aug 6, 2026

    Amendmentunconfirmed

    Amendment No. 1 to Uber’s Bridge Credit Agreement updates the Availability End Date mechanics and increases the Threshold Amount. It extends the Long Stop Date buffer to seven Business Days, replaces the outside availability trigger with 60 days after Offer Completion (capped at January 20, 2028), and raises the Threshold Amount to $500,000,000; it also adds a permitted lien on margin stock.
    • availability_end_date_long_stop_buffer: five Business Days → seven Business Days §Exhibit A – Amended Credit Agreement, definition of “Availability End Date” clause (iv)
    • availability_end_date_offer_completion_offset: n/a → 60 days after Offer Completion §Exhibit A – Amended Credit Agreement, definition of “Availability End Date” clause (v)
    • availability_end_date_outside_date_cap: n/a → 2028-01-20 §Exhibit A – Amended Credit Agreement, definition of “Availability End Date” clause (v)
    • threshold_amount: n/a → 500000000 §Exhibit A – Amended Credit Agreement, definition of “Threshold Amount”
    • permitted_liens_added_clause: n/a → Liens on margin stock §Exhibit A – Amended Credit Agreement, definition of “Permitted Liens”
    Filing ↗
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