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 cash equivalents amount to over $7bn based on Q2 2020 numbers. “The group’s liquidity is a key consideration for investors,” said Dan Wang, an analyst at Bloomberg Intelligence. The company’s bonds have been on the decline since the start of this month, as seen in the chart below.
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