Goldman Sachs Provides WeWork Credit Line to Entice Larger Bailout Package

Posted on 12/09/2019


Goldman Sachs inked a deal to arrange a US$ 1.75 billion credit line as a first move in Japan-based SoftBank Group Corporation’s pledge to assemble a US$ 5 billion debt financing for WeWork. This is part of WeWork’s financial bailout package. SoftBank will be listed as the borrower and WeWork will be a co-borrower. This […]