China Vanke Seeks a One-Year Extension on a Second Local Bond
China Vanke Co. offered creditors details of its plan to delay payment on a second bond maturing this month, as it races to avert a default on any of its...
By Jackie Cai ยท Bloomberg Markets
China Vanke Co. offered creditors details of its plan to delay payment on a second bond maturing this month, as it races to avert a default on any of its nearly $2 billion of local debt that is due in the coming months.