The company's IPO paperwork is expected to become public in August, and its stock-market debut to follow the next month.
WeWork is targeting a September IPO, which 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 billion to $6 billion asset-backed loan in the coming weeks that will decrease the amount it needs to raise in its IPO. The company's IPO paperwork is reportedly expected to become public in August, and its stock-market debut would follow in September.
WeWork is targeting a September IPO, which 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 billion to $6 billion asset-backed loan in the coming weeks that will decrease the amount it needs to raise in its IPO. The company's IPO paperwork is reportedly expected to become public in August, and its stock-market debut would follow in September.
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