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China Vanke Adjusts Grace Period and Repayment Plan for 2022 Fourth-Tranche Medium-Term Notes

Story Highlights
  • China Vanke outlined new arrangements for its 2022 fourth-tranche medium-term notes.
  • The company extended the grace period to support orderly principal and interest repayment.
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China Vanke Adjusts Grace Period and Repayment Plan for 2022 Fourth-Tranche Medium-Term Notes

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China Vanke Co ( (HK:2202) ) has issued an update.

China Vanke Co., Ltd. has announced arrangements concerning its 2022 fourth-tranche medium-term notes, identified as 22 Vanke MTN004 with a bond code of 102282715 and a total issuance size of RMB 2 billion, including an extension of the grace period and a plan for the payment of principal and interest. The move is aimed at ensuring the orderly servicing and redemption of this onshore debt instrument, signaling the company’s efforts to manage near‑term liquidity and maintain stability in its bond repayment schedule, an issue closely watched by creditors and other stakeholders amid ongoing stress in China’s property financing markets.

The most recent analyst rating on (HK:2202) stock is a Sell with a HK$2.70 price target. To see the full list of analyst forecasts on China Vanke Co stock, see the HK:2202 Stock Forecast page.

More about China Vanke Co

China Vanke Co., Ltd. is a major Chinese real estate developer incorporated as a joint stock company in the People’s Republic of China and listed in Hong Kong, with activities centered on property development and related financing in the domestic market.

YTD Price Performance: -31.76%

Average Trading Volume: 50,789,784

Technical Sentiment Signal: Sell

Current Market Cap: HK$60.63B

See more data about 2202 stock on TipRanks’ Stock Analysis page.

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