Vanke, China

China considers plan to help Vanke repay $6.8 billion debt, Bloomberg News reports
Chinese authorities are considering a plan to assist China Vanke in covering a funding shortfall of about 50 billion yuan ($6.84 billion) this year, enabling the property developer to repay its public and private debt,
China Mulls $6.8 Billion Funding to Help Vanke Repay Debt
Chinese authorities are working on a proposal to help China Vanke Co. plug a funding gap of about 50 billion yuan ($6.8 billion) this year, according to people familiar with the matter, highlighting the government’s support for the distressed developer.
Property developer China Vanke secures $383 million loan from Shenzhen Metro
China Vanke (CHVKF) has secured a 2.8 billion yuan ($383.12 million) loan from its major shareholder, state-owned Shenzhen Metro to repay debt, indicating further support from the government for the cash-strapped developer.
China Vanke gets $383 mln loan from state shareholder
Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan ($383.12 million) loan, in a sign the government is stepping up efforts to stabilise the property developer.
China Vanke secures US$383 million lifeline from Shenzhen Metro Group to repay debt
Shenzhen Metro Group, which holds a 27.2 per cent stake, signed a three-year agreement with Vanke to provide secured loans of up to 2.8 billion yuan (US$383 million), according to a filing to the Hong Kong stock exchange late on Monday.
Vanke Gets $383 Million Loan From State Owner for Debt Repayment
China Vanke Co. won more support from authorities as its largest state shareholder agreed to provide up to 2.8 billion yuan ($383 million) to help the struggling developer repay outstanding debt.
China mulls $6.8 billion funding plan to help Vanke repay debt, Bloomberg News reports
Chinese authorities are working on a proposal to help China Vanke plug a funding gap of about 50 billion yuan ($6.84 billion) this year, Bloomberg reported on Wednesday, citing people familiar with the matter.
China Vanke Secures Cheap Loan From State-Owned Shareholder
China Vanke secured a $383.3 million loan from a major state-owned shareholder at very attractive interest rate as the property developer continues to address its liquidity issues. The Shenzhen-based company said in a filing late Monday that it received the loan from Shenzhen Metro Group,
Moody's downgrades China Vanke further as liquidity concerns deepen
Ratings agency Moody's downgraded China Vanke further on Tuesday and maintained its negative outlook on the embattled ...
Reuters on MSN23d
China's Vanke in Talks to Sell Logistics Firm Stake to GIC, Source Says
SINGAPORE (Reuters) - Indebted property developer China Vanke Co Ltd is in advanced talks to sell a controlling stake in VX Logistics to Singaporean sovereign wealth fund GIC, a person with knowledge ...
China Vanke Bonds Jump After Plan to Redeem Early $138 Million Onshore Notes
Vanke's announcement boosted investor confidence on its ability to repay its near-term financial debt, including a 3 billion yuan onshore bond due on Monday. Unlike the redemption of the 2027 notes, ...
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