China Developer Vanke Said to Be in Debt Swap Talks With Banks
March 13, 2024
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2:29Now PlayingChina Developer Vanke Said to Be in Debt Swap Talks With Banks
YouTube Description
as posted by the channelBloomberg has learned that China Vanke Co., the state-backed developer that has been under pressure as worries grow over its debt-repayment abilities, is in talks with banks on a debt swap that would help it stave off its first-ever bond default. Lorretta Chen reports on Bloomberg Television.
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