IRONMAN Triathlon parent company Wanda Sports Group (Dalian Wanda) agrees US$ 240m loan facility with Credit Suisse

The funding will help Wanda Sports Group to refinance and prepay its existing annual term loan facility, dated 15th Match 2019. The agreement has been made at uncertain times for the sports industry due SARS-CoV-2 pandemie and global outbreak of COVID-19 infection, with Wanda Sports Group announcing earlier in the month that the ongoing coronavirus outbreak could have a ‘material adverse impact’ on the company. Continue on SportsPro.