SoftBank Group Corp. could pull out of $3 billion in bailout commitments to coworking firm WeWork as the troubled flexible office company battles to stay afloat during the escalating COVID-19 crisis that has closed offices and other businesses across the country.
SoftBank May Back Out of $3 Billion WeWork Bailout Plan, Report Says
Investment Bank Would Leave in Place $5 Billion in Debt Used By Coworking Company to Fund Operations
CoStar News
March 18, 2020 | 12:29 AM
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In