Vanke Seeks Bond Delay Again as It Works on Restructuring Plan
Distressed developer China Vanke Co. has begun reaching out to bondholders about delaying payment on a note due next month, while telling them that it is also weighing a broader...
By Jackie Cai, Heng Xie · Bloomberg
Distressed developer China Vanke Co. has begun reaching out to bondholders about delaying payment on a note due next month, while telling them that it is also weighing a broader restructuring, people familiar with the matter said.