secwatch.observer — SEC 8-K summary
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Issuer:     WeWork Inc. (—)
CIK:        0001813756
Form:       8-K
Filed at:   2023-07-21T23:59:59+00:00
Accession:  0001193125-23-190806
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WeWork issues $175M in 15% PIK notes due 2027; $116.7M to SoftBank, $58.3M to third party
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- Issued $116.7M Series II and $58.3M Series III First Lien Senior Secured PIK Notes, each 15% due 2027.
- Series II sold to SoftBank Vision Fund II-2; Series III sold to an unnamed third-party investor.
- Notes issued via First Supplemental Indenture dated July 17, 2023, under existing Base Indenture.
- Notes and guarantees unregistered, sold in reliance on Section 4(a)(2) of Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1813756/000119312523190806/0001193125-23-190806-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1813756/000119312523190806/d511870d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-190806

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer