Uber Is Said to Be Pitching a $1.5 Billion Junk Bond Sales

The video covers three main stories: Uber's plan to sell bonds worth $1.5 billion as it prepares to go public, SoftBank's potential majority stake in WeWork, and LVMH's sales growth driven by strong demand for luxury goods in China. Uber's bond sale includes five-year notes yielding 7.5% and eight-year notes yielding 8%, conducted through a private placement. SoftBank is considering a multi-billion dollar investment in WeWork, adding to its previous $4.4 billion investment. LVMH reports a 10% sales increase in Q3, driven by Chinese consumers, despite concerns about market turmoil.

What is the total value of the bond sale Uber is pitching to investors?

• 500 million dollars

• 1.5 billion dollars

• 2 billion dollars

• 1 billion dollars

What is the yield percentage for Uber's 8-year notes?

• 7.5%

• 8%

• 6.5%

• 9%

Which company is SoftBank considering taking a majority stake in?

• Wework

• Airbnb

• Lyft

• Uber

How much did SoftBank invest in Wework through its Vision Fund last year?

• 6.4 billion dollars

• 5.4 billion dollars

• 4.4 billion dollars

• 3.4 billion dollars

What was the percentage increase in LVMH's sales in the third quarter?

• 12%

• 5%

• 8%

• 10%