LSE Lining Up Jumbo Multi-Currency Bond

LSE Lining Up Jumbo Multi-Currency Bond

The London Stock Exchange (LSE) Group mandated Barclays, BofA Securities, Citigroup and HSBC as global coordinators to arrange calls with investors for a jumbo multi-currency bond. The USD denominated bonds are expected to have tenors ranging from 3 to 20 years; the...

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WeWork Burns $3.2bn in 2020; Occupancy Fell to 47%

WeWork Burns $3.2bn in 2020; Occupancy Fell to 47%

WeWork burnt through $3.2bn in 2020, as per documents related to a $1bn investment pitch to institutional investors seen by the FT. Despite the pandemic leading to a shutdown of its co-working spaces globally for major parts of last year, reported losses were lower...

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