Wanda breaks G3 silence with $600m note

The Chinese property and entertainment conglomerate sold a dollar bond in its second attempt, offering investors a higher yield to compensate for additional risk.

Chien Mi Wong

November 15, 2013

Wanda Properties Overseas raised a previously postponed debut $600 million five-year senior unsecured bond on Thursday, compensating investors with a higher pricing the second time around amid speculation that the Federal Reserve (Fed) will begin its tapering next month.

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