Fitch downgrades WeWork after aborted IPO leaves financing hole
Global credit rating agency
Fitch Ratings on Tuesday downgraded WeWork’s credit rating by
two notches to “CCC+”, putting the Softbank-backed
office-sharing firm deep into junk territory a day after it
abandoned an initial public offering.
Fitch Ratings on Tuesday downgraded WeWork’s credit rating by
two notches to “CCC+”, putting the Softbank-backed
office-sharing firm deep into junk territory a day after it
abandoned an initial public offering.
Posted by Reuters
