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

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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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