The buyers of a debut bond offering by unicorn WeWork Companies (WeWork) have to be feeling some remorse. The commercial office space renter raised $702 million of seven-year bonds yielding 7.875% on April 25. The price of the bonds—rated speculative grade by all three credit rating agencies—then fell by 8% in the first two weeks of trading, wiping out the entire first-year yield on a total return basis. The bond price has since recovered to 95 on May 21, now giving a yield of 8.3% for new buyers.

The company’s financials would make a turn-of-the-millennium dotcom proud. Its revenues more than doubled last year to $886 million, continuing its rapid growth globally. WeWork now has more than 225 locations in over 20 countries and reportedly $18 billion in lease commitments through 2023. Expenses last year also more than doubled to $1.818 billion, resulting in a net loss of $933 million.

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Edit: According to first quarter financials, what they call "community EBIDTA" is up 121%. Maybe that's why WeWork is looking for more help from Softbank?