Uber signs EUR 4 billion two-tranche term loan credit agreement for Delivery Hero offer

PUBT · 1d ago
Uber signs EUR 4 billion two-tranche term loan credit agreement for Delivery Hero offer
  • Uber entered a senior unsecured Term Loan Credit Agreement on Aug. 6, 2026 with lenders led by Morgan Stanley Senior Funding as administrative agent.
  • Facility provides two tranches of term loans, maturing 18 months and three years from the closing date.
  • Proceeds earmarked to finance the planned voluntary takeover offer for Delivery Hero, fund related transactions, refinance certain Delivery Hero debt, cover transaction costs.
  • Commitments under Uber’s existing bridge credit agreement were reduced by EUR 4 billion in connection with the new term loan.
  • Pricing set at EURIBOR plus a ratings-based margin, with a ratings-based commitment fee starting Nov. 13, 2026.


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