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 amount Uber is reportedly pitching investors for in its bond sale?

What type of notes is Uber planning to offer in its bond sale?

What is SoftBank reportedly considering regarding Wework?

How did LVMH's sales perform in the third quarter according to the text?

What concerns did LVMH face regarding its sales in China?