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<CN Home>CHINA VANKE's Unclear Arrangements for Bonds Maturing in Coming Mths Worry Creditors: Wire
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CHINA VANKE (02202.HK) is advancing its debt restructuring plan. According to sources quoted by Bloomberg, many creditors are concerned as the developer hasn't yet provided clear and specific information on how it will handle other bonds maturing in the coming months. During yesterday's (21st) online meeting with creditors, representatives for CHINA VANKE is said to have only given vague responses to bondholders' inquiries about notes not yet requested for extension. They stated that all notes would be treated equally, but no more details were provided afterward. AAStocks Financial News |
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