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

The transcript discusses the financial challenges faced by WeWork, including a $5 billion debt package led by JP Morgan. The package is more expensive than initially planned, with concerns from banks like Goldman Sachs. WeWork is reportedly running out of cash and was close to an IPO. The discussion highlights the risk and reward of investing in WeWork, whose valuation has significantly decreased. The company is undergoing leadership changes and restructuring, with future prospects uncertain.

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

• $3 billion

• $5 billion

• $15 billion

• $10 billion

Which bank is leading the financing package for WeWork?

• Goldman Sachs

• Morgan Stanley

• JP Morgan

• Bank of America

What financial issue is WeWork currently facing?

• Excessive profits

• Rapid expansion

• Running out of cash

• High employee turnover

What was the initial valuation of WeWork before its decline?

• $20 billion

• $30 billion

• $40 billion

• $50 billion

What is one of the strategies WeWork is employing to address its challenges?

• Restructuring operations

• Expanding into new markets

• Increasing employee salaries

• Launching new products