WeWork to Raise Up to $4 Billion in Debt Ahead of IPO, WSJ Reports
Members work in the cafeteria at the WeWork 85 Broad Street offices in the Manhattan borough of New York, U.S.
Photographer: David 'Dee' Delgado/BloombergThis article is for subscribers only.
WeWork Cos. plans to raise as much as $4 billion in debt in the next few months ahead of its initial public offering, the Wall Street Journal reported, citing people familiar with the matter.
The funds will help the company, which rents office space and desks to workers around the world, drive growth until it’s profitable, WSJ reported. The debt offering could raise as much as $10 billion in the next few years, the newspaper said.