Vanke to delist "20 Vanke 02" after full redemption

China Vanke (SZSE:000002) will delist its "20 Vanke 02" corporate bonds on March 17, 2025, following the full redemption of the bonds at a price of 103.42 yuan per unit, including interest, for a total of 1 billion yuan with a corresponding interest payment of 34.2 million yuan. The company has completed fund transfers, ensuring investors receive their dues by the specified date. Additionally, Vanke disclosed new guarantee arrangements for its subsidiaries' bank loans, with these guarantees falling within the approved limit authorized by the shareholders. The guarantees include mortgage and equity pledge from its subsidiary VanLead Logistics and subsidiaries for loans from Nanjing Bank and Shanghai Bank.