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What Wall Street Is Saying About Uber's $1.15 Billion Term Loan - Fortune

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Fortune

What Wall Street Is Saying About Uber's $1.15 Billion Term Loan
Fortune
Leveraged loans are typically restricted to issuers with long histories of generating cash, and Uber burns through cash and generates negative Ebitda to fuel its rapid growth, sources said. This means there is no excess cash flow to pay back debt and ...

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