Freshfields advises on US$317m Wanda Commercial Properties rights issue

International law firm Freshfields Bruckhaus Deringer has advised a consortium of underwriters on the proposed US$317m rights issue by Wanda Commercial Properties (Group) Co., Limited (Wanda Commercial Properties).

Wanda Commercial Properties is a Hong Kong-listed commercial real estate investment and operations management company. It is the sole business platform for commercial property investments and operations of Dalian Wanda Group.

Wanda Commercial Properties will raise around HK$2,467.5m (US$317m) through the issue of 856,773,210 rights shares.

The underwriting consortium consists of CITIC Securities International, BOCI and China Merchants Securities.

The Freshfields team was led by corporate partner Richard Wang in Beijing.

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