WeWork is reportedly in early stage talks with JPMorgan , SoftBank and other banks in an effort to secure funds to head off a looming cash crunch. A possible injection of $700 million could be via a debt or equity deal or a combination of both, Goldman Sachs reported. the New York Post is not currently expected to participate in the SoftBank -led deal.
WeWork is reportedly in early stage talks with JPMorgan, Goldman Sachs and other banks in an effort to secure funds to head off a looming cash crunch. A possible injection of as much as $2bn could be via a debt or equity deal or a combination of both, the New York Post reported. SoftBank is not currently expected to participate in the JPMorgan-led deal.