Vanke: "23 Vanke MTN001" extension proposal approved, 60% of principal extended for one year with additional credit enhancement provided.
Vanke Group announces that the first holder meeting of Vanke's domestic company bonds "23 Vanke MTN001" approved proposal 1, which is "Proposal for Adjusting the Arrangement for Redemption of Principal and Interest of this Medium-term Note". According to the arrangement, the issuer will redeem 40% of the principal of this medium-term note on the maturity date, and extend the remaining 60% of the principal for one year, with the specific maturity date being April 23, 2027. During the extension period, the face interest rate of the remaining 60% of the principal of this medium-term note will remain unchanged at 3.11%.
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