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They managed to raise £504 million in just under two weeks, meaning that they were able to pay off almost all of the £509 million owed to international banks. The bonds were issued in two tranches, one with a coupon rate of 8.75% worth £250 million, and the other with a coupon rate of 8.375% worth $425 million.
The company also laid off approximately 1,900 employees, or about 25% of its workforce in the Americas, Europe, and Asia due to the pandemic. On December 10, 2020, the company became a public company via an initial public offering, raising $3.5 billion.
One World Trade Center. / 40.71306°N 74.01333°W / 40.71306; -74.01333. One World Trade Center, also known as One World Trade, One WTC, and formerly called the Freedom Tower during initial planning stages, [note 1] is the main building of the rebuilt World Trade Center complex in Lower Manhattan, New York City.
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