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Vanke denied rumors postpone issuing bonds


It is said that Vanke scheduled Friday issued the size of 3 billion yuan of five-year secured bonds will be issued as originally planned, but delayed issuing unsecured varieties. "Daily Economic News" on call Vanke information centres, official denied this, saying, Vanke the bonds are issued according to plan.

There are, however, the industry pointed out that" not more than 2.9 billion yuan of which unsecured corporate bonds variables still exist, may suspend the issue. "

Market that may be due to two recent bond market yields lower, after making sure the unsecured part of the Request interest rates slightly higher range, resulting in temporary delay Vanke current bond issuance.

Some analysts have pointed out, real estate investors in the pessimistic expectations of corporate finance, real estate enterprises to issue bonds undoubtedly worse, leading to Vanke, when the current set of unsecured bonds issued Request High interval.

However, the Vanke Center on the Press" Daily News "said," We issued the bonds in the planned normal. " But Vanke of unsecured debt is not whether to postpone a very clear answer.

These people said that Vanke the bonds are issued on the 2nd notice in accordance with the normal procedures. "Today and tomorrow, secured and unsecured bonds will be two to the network of institutional investors under the Request, and to determine the interest rate coupon."

The Vanke companies to issue debt secured varieties of 30 million, carries interest rates Request range of 5.5% to 6.0%, unsecured varieties to issue 15 billion yuan, can not over-issuance of more than 1.4 billion yuan, the coupon rate Request interval 7.0% to 7.5%.


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