Vanke Buys Time in Debt Crisis as More Bondholders Accept Delays

Vanke Buys Time in Debt Crisis as More Bondholders Accept Delays



Vanke Buys Time in Debt Crisis as More Bondholders Accept Delays
China Vanke Co. won more breathing room as it prepares what would be one of the country’s biggest-ever restructurings, after holders of two yuan bonds accepted the developer’s plan to delay the bulk of those payments by a year.


www.bloomberg.com
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