Shared office space manager WeWork Cos is looking to raise $3 billion to $4 billion in debt before it goes public, a person familiar with the matter said on Sunday, a move aimed to fuel investor confidence in the company.
The potential debt offering underscores the extent to which the disappointing public market debuts for Uber Technologies Inc and Lyft Inc prompted other loss-making start-ups with lofty valuations looking to go public to reassess their plans.
