The bonds have been relatively steady despite negative news about the company and still are less than junk - rated debt issued by Chinese property developers . Sure, WeWork’s bond price has fallen; yet considering all the drama, it’s been fairly firm, oscillating between 95 cents and 105 cents on the dollar. Its 2025 bond was trading at 95.8 % on the market on Monday morning , according to Bloomberg . The price may have been propped up by a change of control clause that requires the company to repurchase all outstanding bonds at 101 % of principal plus interest Bloomberg suggests . However , the wording of the clause is opaque and unclear on what would trigger a change , prompting questions about bondholders ' motivation .
The bonds have been relatively steady despite negative news about the company and still are less than junk - rated debt issued by Chinese property developers . Its 2025 bond was trading at 95.8 % on the market on Monday morning , according to Bloomberg . The price may have been propped up by a change of control clause that requires the company to repurchase all outstanding bonds at 101 % of principal plus interest Bloomberg suggests . However , the wording of the clause is opaque and unclear on what would trigger a change , prompting questions about bondholders ' motivation .