Saturday 26 October 2019

SoftBank to Write Down Minimum $5 Billion for WeWork, Other Losses: Report

Although SoftBank has an army of retail investors in yield-strapped Japan willing to buy its junk bonds, it already holds about 5 trillion yen of net debt on its balance sheet.

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Ella Emhoff, Second Daughter of New York’s Downtown

By Madison Malone Kircher from NYT Style https://ift.tt/46YNLw7