穆迪下調大連萬達商業管理及萬達香港評級 列入進一步下調觀察名單
評級機構穆迪宣布,將大連萬達商業管理的公司家族評級從「Ba1」下調至「Ba2」,並將萬達商業地產香港的公司家族評級從「Ba3」下調至「B1」。另外,萬達香港旗下Wanda Properties Global Co. Limited、 Wanda Properties Overseas Limited 和 Wanda Properties International Co. Limited所發行債券的高級無抵押債務評級,亦從「Ba3」下調至「B1」。
上述所有評級列入進一步下調的觀察名單,同時穆迪亦將展望從「穩定」調整為「評級觀察」。
穆迪分析師許有為表示,下調評級反映該行對大連萬達商業管理的流動性和治理風險增加感到擔憂,認為公司流動性緩衝減少,融資渠道轉弱,而且與大股東大連萬達集團股份的關聯交易增加。
他指出,若其物業管理子公司未能於2023年底前完成上市,根據與投資者的對賭協議,大連萬達商業管理需對物業管理子公司上市前資金支付大規模股權回購款,料將增加流動性壓力。
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