Pressure-treated wood can prevent termite infestation. Wood that is treated to withstand water, rot, termites, and fungus is referred to as pressure treated wood. Pressure-treated wood is used in many outdoor applications, such as railroad ties. Cutting boards should not be made of pressure treated wood.
But among the car-booking companies, only Uber has created a leasing program in an effort to accelerate its growth by more quickly adding drivers to the app. Uber has set up a subsidiary, Xchange Leasing, to lease cars directly to drivers.
The term to maturity of the loan is seven years. This means that Uber is required to repay the debt within a seven-year time period. The provisions of the loan stipulate that there will be a 1% LIBOR floor and a 98 â 99 offer price. At the current term to maturity of seven years and with a size of $1 billion, it's expected that the loan could yield investors between 5.28 - 5.47% to maturity. Trading Center