Vanke Adjusts MTN004 Bond Repayment on July 7: Pays 40% Principal, Defers 60% to July 2027 at 3.07%

Vanke Enterprise Holdings announced on July 7 that it will adjust the repayment terms for its 2023 medium-term note MTN004. The company will pay 40% of the outstanding principal on the maturity date, with the remaining 60% deferred for one year until July 7, 2027. The coupon rate for the deferred portion remains unchanged at 3.07% per annum, with accrued interest due upon final repayment. The company has already settled 61.4 million yuan in interest payments for the current period.
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