Source: CCTV.com

08-27-2008 11:54

China Vanke, the country's top domestically-listed property developer, said on Wednesday, it has received approval from the securities regulator to issue up to 5.9 billion yuan in corporate bonds.

Proceeds will be used to improve the structure of the company's debt and boost working capital. Vanke initially announced plans for the issue in August of last year.

 

Editor:Zhao Shanchao