Uber agreed to purchase Careem in March and listed on the New York Stock Exchange in May. Photo: AFP
Uber agreed to purchase Careem in March and listed on the New York Stock Exchange in May. Photo: AFP

Technology

Uber sells $1.2bn in junk bonds to help fund Careem purchase

The debt offering is the ride-hailing company's first since its IPO in May

Bloomberg

September 13, 2019