: WeWork issues $250 million of 2-year bonds to SoftBank Vision Fund II-2


Office-sharing company WeWork WE, -2.10% said Wednesday it has issued $250 million in two-year bonds to SoftBank Vision Fund II-2 L.P., a unit of Japan’s SoftBank Group Corp. SOBKY, +0.53%   9984, -0.07% The company said it had liquidity of about $1.35 billion as of Dec. 31, in line with management expectations. The stock was not active premarket, but has fallen 85% in the last 12 months, while the S&P 500 SPX, -0.40% has fallen 20%.

This article was originally published by Marketwatch.com. Read the original article here.

Previous articleThe View From Unretirement: Why this Japanese idea can lead to a more fulfilling retirement
Next article: Alibaba helps lead rally in China internet stocks amid an encouraging sign for Ant Group


Please enter your comment!
Please enter your name here