Tuesday, 1 October 2019

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.


from Reuters: Business News https://ift.tt/2pbEGhv

No comments:

Post a Comment

I flew overseas with my 9-month-old for the first time. Knowing airline rules was key.

I flew long-haul with my son for the first time. It took a lot of meticulous planning. Taylor Rains/Business Insider I flew long-haul f...