Future of work newsletter free subscription Future of work newsletter free subscription Future of work newsletter free subscription
  • Marketplace
  • Resources
  • Business Directory
  • Events
  • Advertise
  • Brand Pulse
  • Publish a Press Release
  • Get the Newsletter
  • Contact
  • About Us
The FUTURE OF WORK® since 2003
Allwork.Space
No Result
View All Result
Subscribe
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
No Result
View All Result
Subscribe
Allwork.Space
No Result
View All Result
Home News

WeWork Must Choose Between Bonds And Its Controlling Stake

Aayat AlibyAayat Ali
October 16, 2019
in News
Reading Time: 1 min read
A A
DD

More stories for you

Could Facebook Rebrand Hurt Their Retention

Could Facebook’s Rebrand Hurt Their Retention?

4 years ago
WeWork And Cushman Mark The Beginning Of Strategic Partnership

WeWork And Cushman & Wakefield Mark The Beginning Of Strategic Partnership

4 years ago
Real Estate Platform Launches Mix-Use Residential Product

Real Estate Platform Launches Mix-Use Residential Product

4 years ago
Cutting Pay For Remote Workers Could Come Back To Bite Employers

Cutting Pay For Remote Workers Could Come Back To Bite Employers

4 years ago

WeWork is trying to raise billions of dollars in debt financing after postponing its initial public offering.

Over the past few months, analysts and investors have had their turn to scrutinize WeWork. Now, it is the potential bondholders’ turn.

Bloomberg reported about the potential structure of a WeWork debt financing would include “$1 billion of secured and $2 billion of unsecured debt with maturities ranging from four to five years,” but investors are concerned about the company’s lack of assets.

While secured bonds of a real estate firm are typically safe, WeWork differs from traditional real estate as it does not own its buildings.

Now, WeWork is saying it can secure debt against items such as intellectual property and equipment (i.e. kombucha taps and foosball tables.)

Still, if WeWork’s massive costs of expansion end up taking the business down, the bondholders will end up owning the company. Worst-case scenario, buying the bonds ensures that WeWork’s brand and operations can be restructured to make money.

Now, WeWork is left with essentially two options: a less-than-favorable bond package or an investment from its largest backer, SoftBank, that would give it a controlling stake. 

Tags: daily_digest
Share5Tweet3Share1
Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

Other Stories Recommended For You

Could Facebook Rebrand Hurt Their Retention
News

Could Facebook’s Rebrand Hurt Their Retention?

byAayat Ali
4 years ago

Facebook’s announcement that it would be changing its corporate name to Meta may have an adverse impact on its retention...

Read more
WeWork And Cushman Mark The Beginning Of Strategic Partnership

WeWork And Cushman & Wakefield Mark The Beginning Of Strategic Partnership

4 years ago
Real Estate Platform Launches Mix-Use Residential Product

Real Estate Platform Launches Mix-Use Residential Product

4 years ago
Cutting Pay For Remote Workers Could Come Back To Bite Employers

Cutting Pay For Remote Workers Could Come Back To Bite Employers

4 years ago
Advertisements
Maximize Flexible Space Revenue
Advertisements
Workspaces Run Better On UltraSoftBIS

Unlock your competitive edge in tomorrow's workplace.

Join a community of forward-thinking professionals who get exclusive access to the latest news, trends, and innovations that are shaping the future of work.

©2024 Allwork.Space News Corporation. All Rights Reserved.

Exploring the Future Of Work® since 2003.

Advertise   Newsletters   Privacy Policy   Terms Of Use   About Us   Contact   Submit a Press Release   Brand Pulse   Podcast   Events   

No Result
View All Result
  • Home
  • Latest News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Podcast
  • Events
  • About Us
  • Solutions
    • Advertise | Media Kit
    • Publish a Press Release
    • Brand Pulse
Subscribe

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00