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The Hidden Challenge Facing WeWork

He said that notwithstanding the benign characterization of the missed payments by management, there is now another major hurdle for WeWork to overcome. ....

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WeWork misses $95 million in interest payments

WeWork has chosen not to make two interest payments totaling $95 million, in an effort to kick-start negotiations with its lenders and reduce costs with landlords. Although this move may prompt speculation of a potential bankruptcy filing, WeWork claims to have enough cash on hand. ....

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WeWork to withhold interest payment on some notes, Real Estate News, ET RealEstate

The company has a 30-day grace period to make the interest payments before a non-payment can be considered an "event of default", WeWork said in a regulatory filing. ....

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