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Wanda Sells AMC Stake & Reduced Voting Control; Stares at a Tall Maturity Wall

by bondevalue | Mar 16, 2021 | China, High Yield Bonds

Wanda Group, which sold its majority control in AMC’s theatres business, stares at a looming maturity wall with total debt amounting to $25bn as per Bloomberg data. About $6.5bn is due this year with another $2.4bn and $4bn due in the next two years. Cash and...

Wanda Sells AMC Stake & Reduced Voting Control; Stares at a Tall Maturity Wall

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