Is WeWork Going Bust?
Allwork
DECEMBER 16, 2022
rating agency, has just downgraded WeWork’s unsecured bonds to CCC. . “A rating agency, has just downgraded WeWork’s unsecured bonds to CCC. . To illustrate this, consider Hertz, the car rental company that went into Chapter 11 bankruptcy in May 2020. Net income in 2021 was -$4.8 Fitch, the third largest U.S.
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