Vanke latest to cut bond coupon as funding costs plunge in China

By Addison Gong
04 Jun 2020

China Vanke Co, one of the largest property developers in the mainland, will lower the coupon rate on a Rmb3bn ($422m) bond by 260bp after the July put date, becoming one of the latest issuers to take advantage of falling funding costs onshore. Addison Gong reports.

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