FilingReader Intelligence
China Vanke secures 1.68bn yuan loan from Shenzhen Metro
August 5, 2025 at 12:41 PM UTC•By FilingReader AI
China Vanke has secured board approval for a loan of up to 1.68 billion yuan from its largest shareholder, Shenzhen Metro Group.
The three-year facility carries a 2.34% interest rate and will be used to repay existing bonds and designated debts. The rate is based on the one-year loan prime rate minus 66 basis points.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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