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| Tags: 59b, bonds, corporate, issue, vanke, yuan |
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Vanke to issue 5.9b yuan in corporate bonds
Vanke, China's largest listed property developer, was approved to issue up to 5.9 billion yuan ($861.69 million) in corporate bonds by the China Securities Regulatory Commission, the company said Wednesday. As much as 1.5 billion yuan of the proceeds from the bond issuance will be invested to improve the company's debt structure and optimize its debt ratio, and the remainder will supplement its capital flow. With durations between three and five years, the bonds may have the same or diff ...
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