WeWork Is in Talks for $2.75 Billion Credit Line
- JPMorgan is set to lead the potential financing ahead of IPO
- WeWork said in April it had filed confidentially to go public
People walk through the WeWork Cos. 32nd Milestone co-working space in Gurugram, India, on Monday, Feb. 18, 2019.
Photographer: Ruhani Kaur/BloombergThis article is for subscribers only.
WeWork Cos. is in talks with banks about arranging a $2.75 billion credit line ahead of a planned initial public offering, according to people with knowledge of the matter.
JPMorgan Chase & Co. is leading the potential financing, said the people, who asked not to be identified because the plans aren’t public. Representatives for the bank and WeWork declined to comment.