Property News · January 13, 2023

Dalian Wanda unit issues first US dollar bond since Chinese developers’ debt crisis began, raises US$400 million


A unit of Chinese conglomerate Dalian Wanda Group has issued an 11 per cent US$400 million bond, reversing market expectations about junk debt following a default crisis among indebted Chinese developers.

Source : South China Morning Post
Read more…Dalian Wanda unit issues first US dollar bond since Chinese developers’ debt crisis began, raises US0 million