集团子公司

万达体育集团旗下的盈方体育,作为粉丝和消费者与大型体育赛事之间的桥梁,旨在为赛事和商业合作伙伴的成功尽其所能。盈方在全球16个国家设有45个办事处,拥有超1000成员的专家团队,能够为各种挑战提出解决方案:包括创新的数字解决方案、世界级的赛事运营、国际媒体版权分销、赞助权销售和服务,以及前沿的媒体制作。盈方总部位于瑞士,是一家充满活力和体育精神的公司。

万达体育中国旨在中国境内积极推广各种顶级体育赛事,包括中国杯国际足球锦标赛,万达钻石联赛,UCI环广西公路自行车世界巡回赛,UCI城市自行车世界锦标赛,国际篮联亚洲冠军杯,成都马拉松,铁人三项系列赛事,摇滚马拉松系列赛事,世界羽联世界巡回赛总决赛,多个城市马拉松赛和计划中的世界马拉松大满贯赛事。在不久的将来,万达体育中国目标引入更多顶级体育赛事进一步奠定国内体育的领先地位。

万达体育中国旨在中国境内积极推广各种顶级体育赛事,包括中国杯国际足球锦标赛,万达钻石联赛,UCI环广西公路自行车世界巡回赛,UCI城市自行车世界锦标赛,国际篮联亚洲冠军杯,成都马拉松,铁人三项系列赛事,摇滚马拉松系列赛事,世界羽联世界巡回赛总决赛,多个城市马拉松赛和计划中的世界马拉松大满贯赛事。在不久的将来,万达体育中国目标引入更多顶级体育赛事进一步奠定国内体育的领先地位。

New facility increases the Company’s liquidity and reduces fiancing costs

BEIJING, March 17, 2020 (GLOBE NEWSWIRE) -- Wanda Sports Group Company Limited (NASDAQ: WSG) (the “Company”) today announced that the Company signed a $240 million senior term loan facility agreement with Credit Suisse AG, Singapore Branch, enabling the Company to refinance and prepay its existing senior 364-day term loan facility, dated March 15, 2019.

Mr. Hengming Yang, President and CEO of Wanda Sports Group said, “We are very pleased with the new credit facility. The successful refinancing demonstrates continued confidence in our business and operations, despite the global challenges and uncertainties resulting from COVID-19. We will continue to work diligently on behalf of our partners, athletes, fans and shareholders.”

Mr. Brian Liao, Global CFO of Wanda Sports Group said, “As always, we are committed to lowering our costs, monitoring our use of cash, and balancing our investments with disciplined management of our existing financial resources to optimize shareholder returns. The new facility provides the Company with additional financial flexibility, while allowing it to take advantage of the current favorable interest rate environment to lower interest costs.”

The term of the new facility is 364 days. The pricing will initially be LIBOR plus an applicable margin, and the term is subject to certain mandatory prepayment terms. These and the other principal terms of the new facility are outlined further in a Form 6-K (Report of Foreign Private Issuer) submitted today to the U.S. Securities and Exchange Commission.

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements can be identified by terminology such as “will,” “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “intend,” “potential,” “plan,” “goal” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. All forward-looking statements speak only as of the date of this press release and are expressly qualified in their entirety by the cautionary statements included in this press release. The Company disclaims any obligation to update or revise forward-looking statements that may be made to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events, other than as required by law.