WeWork to raise billions Seller debt before IPO

WeWork Cos. Has a plan to increase confidence in its business before it goes public: offering billions of dollars in debt that will fund its growth until it can make money.

The money-losing office space manager is seeking to raise as much as $ 3 billion to $ 4 billion in the coming months through a debt facility that can grow as large as $ 10 billion over the next few years, the people said. This debt committee, regardless of the money WeWork will increase in its original public offering, is designed to fund WeWorks growth until …