Vanke Fails to Get Enough Bondholder Support for Extension Plan
China Vanke Co. failed to obtain sufficient bondholder support for its proposed extension on a local bond due Dec. 15, heightening default risk for what was once the nation’s largest...
By Jackie Cai, Qingqi She, Emma Dong · Bloomberg Markets
China Vanke Co. failed to obtain sufficient bondholder support for its proposed extension on a local bond due Dec. 15, heightening default risk for what was once the nation’s largest homebuilder by sales.