WeWork spaces remain open and operational and the Company will continue to provide its signature member experience
Company enters into Restructuring Support Agreement with strong support from key financial stakeholders to drastically reduce its existing funded debt
NEW YORK, November 07, 2023–(BUSINESS WIRE)–WeWork Inc. (NYSE: WE) (“WeWork” or “the Company”), the leading global flexible space provider, today announced that it has commenced a comprehensive reorganization to strengthen its capital structure and financial performance and best position the Company for future success. The Company maintains the strong support of its key financial stakeholders and has entered into a Restructuring Support Agreement (“RSA”) with holders represe…
Read the full article at: https://finance.yahoo.com/news/wework-takes-strategic-action-significantly-021900653.html