WeWork sold $702m of bonds in its first-ever offering, increasing the size of the pot by 40% after finding plenty of investors willing to jump into the office space market.

WeWork London

WeWork London

Source: Shutterstock / Chrispictures

In 2019, it was forced to pull its IPO, once expected to be valued at $17bn.

Now, after a SPAC-driven public offering last year to the tune of $9.3bn, the company offers a cautionary tale of overexpansion that even inspired a docudrama series, WeCrashed, earlier this year.

But WeWork’s story is not yet fully written as Currys last month said it would shut its London HQ to use 50 or so WeWorks around the country. Watch this workspace…