Dalian Wanda Commercial Management, a unit of China's largest commercial real estate developer Dalian Wanda Group, has made principal and interest payments to some holders of a $520 million bond, two bondholders said on Saturday.After major developer Country Garden averted default on a dollar bond on Tues
Dalian Wanda Commercial Management, a unit of China's largest commercial real estate developer Dalian Wanda Group, has made principal and interest payments to some holders of a $520 million bond, two bondholders said on Saturday.
Holders of almost all of the 3.8 billion yuan note with a 2025 maturity exercised an option to demand repayment of the principal by Monday, Wanda has said.
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