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We Company seeks $2.75B credit line ahead of IPO

Written by CRETech | May 30, 2019 12:28:05 PM

Ahead of what would be the second largest initial public offering of the year, the We Company is in discussions with banks to secure a $2.75 billion credit line.

While it remains unclear which banks are considering the financing, Bloomberg reported that JPMorgan is leading the talks. JPMorgan is also one of WeWork’s earliest investors.