WeWork Suspends $6.4M Interest Payment Amid Debt Struggles
Allwork
OCTOBER 31, 2023
Despite these setbacks, WeWork managed to go public in 2021 but at a significantly diminished valuation. On October 31, WeWork disclosed its decision to suspend the interest payment due on November 1 on senior notes maturing in 2025, despite having sufficient funds to meet the payment. The company now enters a 30-day grace period.
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