China's Wanda seeks to extend repayment on $600m in dollar debt

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20231121N Wanda Group

Dalian Wanda Group's earnings had sunk amid the pandemic, sending the developer into a cash crunch. © Reuters

KOHEI FUJIMURA and NORIYUKI DOI, Nikkei staff writers

DALIAN/SHANGHAI -- Dalian Wanda Group, China's biggest shopping mall operator, has sought to push back repayment on a $600 million dollar bond due in January, a move toward restructuring its heavy debt load.

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