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WeWork Eyes Earlier Than Expected IPO

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WeWork Eyes Earlier Than Expected IPO

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Entertainment (now)

49 Views • Jul 25, 2019

Description

WeWork is targeting a September IPO.
September is earlier than investors had previously expected, according to a Wall Street Journal report on Tuesday.
The report said WeWork has plans to sure up a $5-$6 billion asset-backed loan in the coming weeks.
The loan will decrease the amount it needs to raise in its IPO.
Business Insider says the company's IPO paperwork is expected to become public in August.