SoftBank may not complete $3 billion tender offer for WeWork, sources say

Posted from: https://www.cnbc.com/2020/03/17/softbank-may-not-complete-3-billion-tender-offer-for-wework-sources.html

SoftBank had planned a $3 billion tender offer for WeWork shares, which were privately held, along with a $1.5 billion acceleration of equity it has already committed and $5 billion in syndicated debt. The financing package was meant to save WeWork from an impending cash crunch last year….

Posted from: https://www.cnbc.com/2020/03/17/softbank-may-not-complete-3-billion-tender-offer-for-wework-sources.html

SoftBank had planned a $3 billion tender offer for WeWork shares, which were privately held, along with a $1.5 billion acceleration of equity it has already committed and $5 billion in syndicated debt. The financing package was meant to save WeWork from an impending cash crunch last year….

Leave a Reply

Your email address will not be published. Required fields are marked *