Source: Business Wire

Press Release: Citigroup : WeWork Announces Completion of New Letter of Credit Facility

NEW YORK--(BUSINESS WIRE)--WeWork ("the Company"), the world's leading co-working and space-as-a-service platform, today announced the closing of its new $1.75 billion senior secured letter of credit facility. Goldman Sachs is the administrative agent of the new facility. Goldman Sachs, Citibank, DBS Bank, Deutsche Bank, Mizuho, Natixis and Société Générale participated in the syndication as joint lead arrangers and joint bookrunners, and other banks continue to look into participation in the f

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