Wanda bonds hit more on mainland than overseas as risks increase
Shanghai
DALIAN Wanda Commercial Properties Co's onshore bondholders appear more anxious about the developer's future than their offshore counterparts, debt prices suggest, highlighting investors' uncertainty about how Chinese authorities will deal with the company.
The interest-rate gap between the two types of notes has widened recently, with the developer's onshore debt yielding more than 3.5 percentage points higher than offshore bonds of similar maturity.
That compared with the average difference of about 1.9 percentage points for this year, China…
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