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<CN Home>CHINA VANKE Considering Extending Domestic Debt Maturities by Max. 10 Yrs: Rumor
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CHINA VANKE (02202.HK) is considering extending its domestic debt maturities by up to 10 years, according to market sources. This proposal is part of a package of restructuring plans led by Shenzhen, which may be accompanied by RMB80 billion new capital support. The proposed debt extension is one of the options CHINA VANKE is weighing, the sources added. The other two alternatives include repurchasing domestic bonds at market prices and converting the bonds into trust products secured by specific projects. AASTOCKS Financial News Website: www.aastocks.com |
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