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S&P rates Uber notes CCC+
S&P said it assigned a CCC+ rating with a 5 recovery rating to Uber Technologies Inc.’s proposed $750 million of unsecured notes.
The rating is the same as Uber’s other unsecured notes, S&P said.
Proceeds will be used to general corporate purposes, including part of the purchase price of Careem.
The outlook is stable.
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