WeWork in talks to restructure outstanding debt of over $3B, NY Times says

WeWork is in discussions with investors to restructure its outstanding debt of over $3B and raise additional cash, the New York Times’ Maureen Farrell, Benjamin Mullin, and Peter Eavis report. A cash infusion would most likely give the company hundreds of millions of dollars it requires to keep operating for at least a few more years, the authors say, citing two people with knowledge of the negotiations. Reference Link