Vanke management: As of March this year, 33.21 billion yuan in public debt repayments have been completed.

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ME News Message: On May 29 (UTC+8), Vanke held its 2025 Annual Shareholders' Meeting. Reporters on site learned that, as of March 2026, the company had completed 33.21 billion yuan in public debt repayments. In terms of securing financing support, excluding shareholder loans, Vanke added and refinanced 28 billion yuan in 2025, while continuing to optimize financing costs; the overall cost of existing financing was 3.02%, a decrease of 85 basis points compared with the same period. As of now, six public debt extension proposals, including "22 Vanke MTN0004" and "22 Vanke MTN005," have been approved through bondholder meetings. (Source: Wall Street Insights)
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LateBlockLarry
· 18h ago
All the medium-term notes from 2022 need to be extended; when they issued the bonds that year, they didn't expect this day, right?
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YieldBento
· 18h ago
The extension proposal was approved in full, and the creditors still gave face, but the pressure afterward was significant.
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GateUser-0f8d377b
· 19h ago
Shareholder loans + refinancing of 28 billion, the banking system still recognizes this label.
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InvisibleMarketMaker
· 19h ago
From 5.8% down to 3%, Vanke's speed of optimizing financing costs is faster than I imagined.
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On-ChainCatUnderTheMoonlight
· 19h ago
Six bonds extended, MTN0004 and 005 are both listed, the old creditors are quite cooperative.
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