Vanke to redeem "20 Vanke 06" corporate bonds

China Vanke (SZSE:000002) announced its decision to fully redeem the "20 Vanke 06" corporate bonds, with a bond code of 149142, exercising the issuer's redemption option at the fifth year. The redemption registration date is set for June 18, 2025, and the redemption payment date is scheduled for June 19, 2025. Bondholders will receive a redemption price of CNY 103.90 per bond, which includes the current period's interest, accounting for a total redemption of 100% of the bonds. The delisting date is also set for June 19, 2025. The bonds carry a current coupon rate of 3.90%. China Securities Depository and Clearing Corporation Limited Shenzhen Branch will handle the redemption and interest payment procedures.