Bloomberg Television
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SoftBank Offloading a Quarter of WeWork Rescue Debt
Posted
December 8, 2021
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December 8, 2021
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2:14Now PlayingJapanese 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."
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