Articles from Caixin Global, Caixin Global

Caixin Global

Caixin is a media group dedicated to providing financial and business news through periodicals, online content, mobile apps, conferences, books and TV/video programs. Caixin aims to blaze a trail that helps traditional media prosper in the new media age through integrated multimedia platforms.

Articles from Caixin Global

News from Caixin

Credit

Dalian Wanda Commercial Properties / Credit

Dalian Wanda Commercial Properties (1567411D HK)

<ul><li>Dalian Wanda Group Co.’s property management unit expects to scrape up enough cash to pay off a 2 billion yuan ($281 million) note due this Saturday, the company said.</li><li>But with 8.9 billion yuan of domestic notes and offshore bond due within two months, Dalian still needs to dump some of its shopping malls and hotels.</li><li>The troubled property-to-entertainment conglomerate was reported to be considering such moves earlier this week.</li></ul>

Dalian Wanda Group Co.’s property management unit expects to scrape up enough cash to pay off a 2 billion yuan ($281 million) note due this Saturday, the company said.But with 8.9 billion yuan of domestic notes and offshore bond due within two months, Dalian still needs to dump some of its shopping malls and hotels.The troubled property-to-entertainment conglomerate was reported to be considering such moves earlier this week.

Wanda Commercial Management Group (1877881D CH)

Wanda Group Expects to Pay $281 Million Note Due Saturday