WeWork bond prices falls after SoftBank questions CEO: MarketAxess

WeWork bond prices falls after SoftBank questions CEO: MarketAxess

6 years ago
Anonymous $MUlyiGRWxa

https://www.reuters.com/article/us-wework-ipo-debt/wework-bond-prices-falls-after-softbank-questions-ceo-marketaxess-idUSKBN1W81J0

The price of We Company's 7.875% May 2025 junk bond fell 1.1% on Monday morning, MarketAxess data showed, following reports from sources that investor SoftBank Group is exploring ways to replace Adam Neumann as chief executive of the WeWork parent.