Chinese Property Firm Wanda Seeks to Delay Payment on $400 Million Bond

Dalian Wanda Group’s commercial real estate unit is seeking a two-year extension on a $400 million bond, the latest developer to seek a debt payment delay as China’s property crisis...

By Janice Huang · Bloomberg Markets

Dalian Wanda Group’s commercial real estate unit is seeking a two-year extension on a $400 million bond, the latest developer to seek a debt payment delay as China’s property crisis weighs on liquidity.