Exclusive: WeWork owner creates committee to decide on financing lifeline

Exclusive: WeWork owner creates committee to decide on financing lifeline

5 years ago
Anonymous $JavybBYWR5

https://www.reuters.com/article/us-wework-restructuring-exclusive/exclusive-wework-owner-creates-committee-to-decide-on-financing-lifeline-idUSKBN1WW06C

WeWork owner, The We Company, has formed a special board committee to consider proposals for a $5 billion financing lifeline from its largest shareholder SoftBank Group Corp and its main lender JPMorgan Chase & Co , four people familiar with the matter said on Wednesday.