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China Vanke to Repay Portion of 2 Billion Yuan Bond

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China Vanke (HKG:2202, SHE:000002) said the repayment for a portion of a 2 billion yuan bond plus interest is due on Tuesday, according to a Hong Kong bourse filing.

The total amount to be paid is 864.2 million yuan.

The 3.10% bond was launched on May 12, 2023, and has a three-year term.

Agricultural Bank of China (SHA:601288, HKG:1288) and Ping An Bank (SHE:000001) serve as the issuance's leading underwriters.

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