WeWork Said to Be in Talks With Lenders Over $5B Debt Package

The transcript discusses a $5 billion debt package for WeWork, highlighting its high cost and the involvement of financial institutions like JP Morgan and the absence of Goldman Sachs. It addresses WeWork's financial struggles, including cash flow issues and a postponed IPO. The discussion also covers the risk and reward of the debt deal, with a focus on WeWork's valuation drop and future prospects under new leadership.

What factors are lenders considering when deciding to finance the company?

What was the valuation of the company mentioned in the text before the current situation?