WeWork Said to Be in Talks With Lenders Over $5B Debt Package

The transcript discusses a $5 billion debt package for WeWork, highlighting its high cost and the involvement of financial institutions like JP Morgan and the absence of Goldman Sachs. It addresses WeWork's financial struggles, including cash flow issues and a postponed IPO. The discussion also covers the risk and reward of the debt deal, with a focus on WeWork's valuation drop and future prospects under new leadership.

What is the estimated size of WeWork's debt package according to the transcript?

• $5 billion

• $10 billion

• $3 billion

• $15 billion

Which bank is leading the financing package for WeWork?

• Morgan Stanley

• Goldman Sachs

• JP Morgan

• Bank of America

What financial challenge is WeWork facing according to the transcript?

• High employee turnover

• Rapid expansion

• Excessive profits

• Cash shortage

What was WeWork's valuation on paper before the recent changes?

• Over $40 billion

• Over $30 billion

• Over $20 billion

• Over $10 billion

What is a key factor investors must consider when providing funds to WeWork?

• The company's marketing strategy

• The number of employees

• The location of headquarters

• The risk and reward balance