China Vanke (HKG:2202, SHE:000002) will redeem its 2027 debt worth 1 billion yuan early in March, Reuters reported Monday.
The company was also set to repay its 3 billion yuan onshore bond on Monday, the report said.
Concerns over Vanke's ability to pay its debt rose following its looming maturity deadlines, the report said.
Vanke has a total of $3.4 billion in debt due in 2025, the report said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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