Wed 09/15/2021 07:20 AM
Hong Kong headquartered private equity firm PAG Investment Management Company is raising a $933 million loan for its planned $2.8 billion acquisition of 10% of the shares in Dalian Wanda’s commercial property services arm, as Wanda raises pre-IPO funds against the unit presenting opportunities to private equity investors, said two sources with direct knowledge.
The $933 million three-year loan has been fully underwritten by ANZ, BNP Paribas and Bank of China, and has been launched to a...
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