Recently, Wanda Commercial Management and PAG officially signed a new investment agreement. This important event marks the temporary lifting of the 38 billion gambling alarm that has aroused widespread market attention.
Looking back on August 2021, Wanda Group received investment from 22 institutions, including the Zheng Yutong family and Country Garden, with a total investment of 38 billion yuan. These investors specifically set out a redemption right at maturity in the investment agreement, that is, if Wanda Group fails to complete the listing within the agreed time, it will be required to pay the corresponding interest and principal. However, due to various reasons, Wanda Commercial Management failed to achieve its listing target as scheduled before the expiration of the investment agreement, which not only caused the market to worry about the financial situation of Wanda Group, but also put it under huge financial pressure.
On December 12, 2023, PAG Investment Group signed a new investment agreement with Dalian Wanda Commercial Management Group, finally drawing a temporary end to this VAM crisis. According to the new investment agreement, Wanda Commercial Management needs to complete the listing by December 31, 2023, otherwise the war investor will have the right to require Wanda to redeem its equity. In other words, if Wanda Commercial Management fails to go public on time, Wang Jianlin's Wanda Group will not only need to repay the principal of 38 billion yuan in full, but also pay interest at an annual interest rate of 8%. Considering the importance of cash flow, especially in the current complex and volatile market environment, this is undoubtedly a huge test for Wanda Commercial Management.
Now, although a new investment agreement has been signed and the VAM crisis has been temporarily resolved, whether Wanda Commercial Management can be successfully listed is still the focus of market attention. After all, for Wanda Commercial Management, a successful listing not only means that it can get more financial support, but also represents the market's recognition of its business model and operational capabilities. Therefore, whether it is for Wanda Commercial Management itself, or for people from all walks of life who are concerned about its development, the next days will be full of expectations and challenges.
In terms of the overall high-quality author list, the signing of the new investment agreement between Wanda Commercial Management and PAG has undoubtedly brought new hope to Wanda Commercial Management's road to listing. But at the same time, it also puts forward more stringent requirements. We look forward to Wanda Commercial Management in the coming days to successfully achieve the listing goal with its own strength and efforts, and bring more surprises and expectations to the market." At the same time, we also hope that all visitors can continue to pay attention to the dynamics of Wanda Commercial Management and cheer for its future development. If you think this ** is not bad, don't forget to like and support it!