The Wall Street Journal said that on-demand driving service Uber will access the leveraged-loan market in the hopes of raising up to $2 billion.

The Journal said that Morgan Stanley, Barclays, Citigroup and Goldman Sachs were hired by Uber to sell a leveraged loan of $1 billion to $2 billion with institutional investors.

According to the Journal, this is the first time Uber, a privately-owned company, has turned to the leveraged-loan market and speaks to the company’s aggressive plans for expansion.