Wanda issues USD bond amid financial loosening

Amidst a loosening of financial purse strings for companies by the Chinese authorities, a Wanda unit issued an offshore bond, which met with strong demand.
Wang Jianlin, founding chairman of Wanda Group
Wang Jianlin, founding chairman of Wanda Group

Taking advantage of the Chinese government’s more liberal approach towards private financing, a Wanda Group unit issued its first offshore bond since July 2016, which was lapped up by investors.

¬ Haymarket Media Limited. All rights reserved.

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