SoftBank Offloading a Quarter of WeWork Rescue Debt

Subscribe to The Global Herald in Google News

Bloomberg Markets and Finance published this video item, entitled “SoftBank Offloading a Quarter of WeWork Rescue Debt” – below is their description.

Japanese conglomerate SoftBank Group Corp. is selling a quarter of its WeWork Inc. bond holdings to institutional investors. That is about $550 million of debt. SoftBank originally provided financing to WeWork after the office sharing company’s failed initial public offering. Davide Scigliuzzo reports on “Bloomberg Daybreak: Australia.”

Bloomberg Markets and Finance YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


Subscribe to The Global Herald in Google News

About This Source - Bloomberg Markets and Finance

Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

Bloomberg Books #Ad

Recent from Bloomberg Markets and Finance:

  • Fed Will Signal March Is a Done Deal: State Street’s Loh
  • Beijing Covid Flareup Worsens With New Clusters at Cold Storage
  • Developer Stocks, Bonds Soar on China’s Easing Proposals
  • Leave a Comment

    We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.

    Posting....