WeWork said to prefer JPMorgan lifeline over SoftBank rescue

WeWork said to prefer JPMorgan lifeline over SoftBank rescue

Coffee dispensers sit on a counter in a kitchen area at the Embarcadero WeWork Cos Inc. offices in San Francisco, California, U.S., on Thursday, Oct. 19, 2017. Photographer: Mike Short/Bloomberg

WeWork’s bankers are pitching investors on what would be one of the riskiest junk-debt offerings in recent years — potentially giving the venture’s top private shareholders a final chance to avoid having their stakes severely diluted.

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