Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
WeWork Inc. incurred senior notes of $50 million with SoftBank Vision Fund II-2 L.P. maturing due 2025.
- Instrument
- senior notes
- Principal
- $50 million
- Counterparty
- SoftBank Vision Fund II-2 L.P.
- Maturity
- due 2025
- Event
- incurrence
Exact text from the filing
On April 5, 2023, WeWork Companies LLC, a Delaware limited liability company (the “Issuer”) and wholly-owned subsidiary of WeWork Inc., a Delaware corporation (the “Company”), WW Co-Obligor Inc., a Delaware corporation and wholly-owned subsidiary of the Issuer (the “Co-Obligor” and, together with the Issuer, the “Issuers”), the guarantors party thereto and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), entered into a supplemental indenture (the “Second Supplemental Indenture”) to the Base Indenture (as defined below) pursuant to which the Issuers issued $50 million in aggregate principal amount of Senior Secured Notes due 2025 (the “Additional Secured Notes”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
WeWork Inc. entered into Second Supplemental Indenture with SoftBank Vision Fund II-2 L.P. valued at $50 million (effective 2023-04-05).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- SoftBank Vision Fund II-2 L.P.
- Value
- $50 million
- Effective
- 2023-04-05
Exact text from the filing
On April 5, 2023, WeWork Companies LLC, a Delaware limited liability company (the “Issuer”) and wholly-owned subsidiary of WeWork Inc., a Delaware corporation (the “Company”), WW Co-Obligor Inc., a Delaware corporation and wholly-owned subsidiary of the Issuer (the “Co-Obligor” and, together with the Issuer, the “Issuers”), the guarantors party thereto and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), entered into a supplemental indenture (the “Second Supplemental Indenture”) to the Base Indenture (as defined below) pursuant to which the Issuers issued $50 million in aggregate principal amount of Senior Secured Notes due 2025 (the “Additional Secured Notes”).
View on SEC.gov