China Vanke Vows to Improve Bond Delay Plan After Failed Vote
Distressed developer China Vanke Co. said it would improve on plans to push back a looming bond payment after creditors balked at its initial proposal, raising the risk of default.
By Jackie Cai, Qingqi She, Emma Dong · Bloomberg Markets
Distressed developer China Vanke Co. said it would improve on plans to push back a looming bond payment after creditors balked at its initial proposal, raising the risk of default.