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Published on 4/29/2021 in the Prospect News Emerging Markets Daily.

New Issue: China’s Wanda Group prices $300 million 7¼% guaranteed bonds due 2022

By Rebecca Melvin

Concord, N.H., April 29 – Wanda Group Overseas Ltd. priced $300 million of 7¼% bonds due 2022, which are guaranteed by Wanda Commercial Properties (Hong Kong) Co. Ltd. and Dalian Wanda Commercial Management Group Co. Ltd., according to a listing notice.

Credit Suisse is global coordinator, joint bookrunner and joint lead manager of the Regulation S issue, joined by Bocom International and Orient Securities (Hong Kong) also as joint bookrunners and joint lead managers.

The notes are expected to be listed on the Hong Kong Exchange effective on April 30.

Dalian Wanda Group is a real estate company based in Beijing.

Issuer:Wanda Group Overseas Ltd.
Guarantors:Wanda Commercial Properties (Hong Kong) Co. and Dalian Wanda Commercial Management Group Co., Ltd.
Issue:Bonds
Amount:$300 million
Maturity:2022
Bookrunners:Credit Suisse, Bocom International and Orient Securities (Hong Kong)
Coupon:7¼%
Announcement date:April 29
Listing date:April 30

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