Jan 29, 2021 08:57 AM (GMT+8) · EqualOcean
According to people familiar with the matter, the price of Wework bonds rose as a result of the news that Wework, an office space service platform, will merge with spac (Special Purpose Acquisition company) and then seek to go public. According to the bond trading data provided by trace, a batch of Wework bonds will mature in 2025 with a coupon rate of 7.875%. As of 4:38 p.m. New York time on the 28th, the bond interest rate rose by 10.25 cents to 89.5 cents, a new high since September 2019.