UPDATE 1-WeWork prefers JPMorgan's financing package over SoftBank's control- Bloomberg

Shared office space company WeWork Companies Inc is leaning toward a near $5 billion financing package led by JPMorgan Chase & Co, instead of selling a controlling stake to Japan’s SoftBank Group Corp, Bloomberg reported https://bloom.bg/2pl8JmL late on Monday. The debt package may include at least $2 billion of unsecured notes with a 15% coupon, Bloomberg reported. …read more

Source:: Yahoo Finance

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