WeWork

[bonded]

Über die WeWork Companies Inc. Anleihe (USU96217AA99)

Die WeWork Companies Inc. -Anleihe bietet bei einer Laufzeit bis 01.05.2025 einen Coupon von 7,8750%. Die Auszahlung des Coupons findet 2,0 -mal pro halbjährlich am 01.11. statt. Die WeWork Companies Inc. -Anleihe wurde am 30.04.2018 mit einem Volumen von 702 Mio. USD emittiert.

Rendite 10,63

 

https://www.boerse-online.de/anleihen/wework_companies_incdl-notes_201818-25_regs-anleihe-2025-usu96217aa99

 

https://www.boerse-berlin.com/index.php/Bonds?isin=USU96217AA99

 

 

Mehr im Thread WeWork unter Rubrik America.

 

WeWork postponed plans for its IPO1 over two weeks ago after expected proceeds failed to meet the company's target. The company's name was changed to We, but we use WeWork as it remains known among investors.WeWork corporate debt (7.9%, May 2025) is the only actively traded WeWork security and provides a view of investor's opinions on the company's health. WeWork debt has been volatile since the IPO announcement: the bonds recently hit a new low price of $80.00 on news of an additional $5bn debt offering to bolster cash balances at the company.

Since issuance, WeWork corporate bonds have traded with an average basis of 253bp higher than the High Yield index. The basis to the High Yield index got as tight as 92bp when investors believed a successful IPO would allow the bonds to be called with a make-whole premium. Since the IPO withdrawal, however, the absolute spread and spread versus High Yield have shot up. WeWork bonds now trade at over 1,100 spread and over 700bp wider than the High Yield index