Wanda property eyes offshore cash to avoid guarantee call
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Asia

Wanda property eyes offshore cash to avoid guarantee call

China Property (resized 230)

Dalian Wanda Commercial Properties (DWCP) has put together a three-pronged plan to address problems related to its offshore loans, worth close to $1.5bn. The deal itself is giving lenders enough of a headache. But it has also put the spotlight on other loans guaranteed by onshore parents in China, writes Shruti Chaturvedi.

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