Finance

WeWork seeks to raise billions in debt before IPO

By 2019-07-09T07:03:00

WeWork London

Source: Shutterstock/ Chrispictures

WeWork is seeking to raise billions in debt before its stock market debut.

The heavily lossmaking American flexible office space group is aiming to raise between $3bn and $4bn during the summer via a facility that eventually could reach as much as $10bn, according to the Wall Street Journal.

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