WeWork Skips Bond Interest Payments, Enters 30-Day Grace Period

[mfiguiere]

https://www.bloomberg.com/news/articles/2023-10-02/wework-skips-bond-interest-payments-enters-30-day-grace-period

[datadrivenangel]

It is not often that companies come back from missing payments... RIP WeWork.

[appplication → datadrivenangel]

How is wework not already dead? I swear this company was written off like 4 years ago.

[kjs3 → appplication]

When you owe creditors as much money as wework does, people will take a bit more time to try and squeeze a few more drops out of the stone. But now clearly all the drops are wrung, and the end is neigh.

[anon1199022 → appplication]

I think the brand had more value than all company itself so brand takes time die just like it takes time to get to be known

[toomuchtodo]

https://archive.ph/VcJHj