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SoftBank revives $1.1bn financing commitment to WeWork

Senior secured debt was originally tied to $3bn tender offer

TOKYO -- SoftBank Group has revived a $1.1 billion financing commitment to WeWork after fears over the U.S. office space provider's financial woes eased.

The senior secured debt, part of a $9.5 billion financing package to support WeWork after its initial public offering collapsed last year, was previously tied to a $3 billion tender offer for WeWork shares.

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