By Wendy Van Sickle
Columbus, Ohio, Jan. 23 – Wanda Properties Overseas Ltd. priced $400 million of 6 7/8% bonds due 2023 guaranteed by Wanda Commercial Properties (Hong Kong) Co. Ltd., according to a notice of listing on the Stock Exchange of Hong Kong Ltd.
The notes benefit from a keepwell deed and a deed of equity interest purchase by Dalian Wanda Group Co., Ltd.
Credit Suisse is the global coordinator and a bookrunner and lead manager along with Orient Securities (Hong Kong) and Bocom International.
The listing is expected to become effective on Friday.
Dalian Wanda Group is a real estate company based in Beijing.
| Issuer: | Wanda Properties Overseas Ltd.
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| Guarantor: | Wanda Commercial Properties (Hong Kong) Co. Ltd.
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| Issue: | Bonds
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| Amount: | $400 million
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| Maturity: | 2023
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| Bookrunners: | Credit Suisse, Orient Securities (Hong Kong) and Bocom International
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| Coupon: | 6 7/8%
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| Listing date: | Jan. 24
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