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Tuesday, October 1, 2019

Fitch downgrades WeWork after aborted IPO leaves financing hole

Global credit rating agency Fitch Ratings on Tuesday downgraded WeWork's credit rating by two notches to "CCC+", putting the Softbank-backed office-sharing firm deep into junk territory a day after it abandoned an initial public offering.


from Reuters: Business News https://ift.tt/2pbEGhv

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