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<CN Home>CHINA VANKE Seeks 1-yr Extension for RMB2B Domestic Debt Due Mid-Dec: Rumor
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Due to increasingly severe liquidity pressures, CHINA VANKE (02202.HK) informed creditors that it is seeking a one-year extension for the repayment of RMB2 billion bonds and interest originally due on 15 December, Bloomberg quoted insiders as saying.

During the period, the coupon rate of 3% will remain unchanged.

Related NewsDaiwa Expects CHINA VANKE to Delay Bond Repayment, Likely Impacting Future Sales/ Refinancing Outlook

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