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WeWork loses Moody’s rating months after $700m bond sale

Agency cites a lack of information for pulling bond rating from flexible workspace group

WeWork loses Moody’s rating months after $700m bond sale
Photo: Getty Images

WeWork, a fast-expanding provider of flexible office space for companies, has lost its credit rating from one of the big rating agencies just months after raising hundreds of millions in the debt markets.

Moody’s is withdrawing all of its ratings for WeWork and the $702m of unsecured notes it issued in April.

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