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.

                        Wanda issues USD bond amid financial loosening

                        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.

                        Since 2016, the Chinese government has tightened restrictions on the expensive overseas acquisitions of large private Chinese firms like Wanda and?HNA Group. It was alarmed by soaring corporate debt and the potential flight of capital. But with more recent concerns...

                        FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

                        Click for more on: china | bonds | reg s | refinancing | wanda

                        Print Edition

                        FinanceAsia Print Edition

                        EVENTS

                        湖北30选5开奖洋情