Uber Closes On Another $1.6 Billion In Convertible Debt From Goldman Sachs

It’s hard to believe, but ride-hailing company Uber has closed on even more financing to expand its operations around the world. Fast on the heels of raising $1.2 billion in equity financing, the company brought on $1.6 billion in convertible debt from Goldman Sachs, a person with knowledge of the deal has confirmed.