WeWork’s Woes Cause Mortgage-Backed Bonds to Tumble

Financial Times, May 10, 2020–Joe Rennison, Eric Platt

WeWork’s move to skip rent payments and renegotiate hundreds of its leases is rippling into the commercial mortgage market, sending the price of bonds backed by the company’s payments tumbling.
https://www.ft.com/content/d3a586c4-9200-4e49-85ae-658b00aa3942