<div id="readability-page-1"><div><p><span>    China Vanke </span><span> is seeking to extend the grace period for a 2 billion yuan ($283.6 million) (CN102282715=) bond payment to 30 trading days, from the current five, a filing showed.</span></p><p><span>The developer also proposed to extend principle repayment by one year and pay interest in an amount of 60 million yuan no later than December 22, the filing to National Association of Financial Market Institutional Investors dated Tuesday showed.</span></p><p><span>The bond in question is due December 15. The developer's first attempt to extend repayment was rejected by holders, and it is holding a second meeting with bondholders that will start on Thursday and culminate with voting on December 22.</span></p></div></div>

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<p>China Vanke is seeking to extend the grace period for a 2 billion yuan bond payment from five to 30 trading days. The developer also proposes to extend principal repayment by one year and pay 60 million yuan in interest by December 22. The bond is due December 15, and a second meeting with bondholders is scheduled, with voting on December 22.</p>

China Vanke seeks to extend grace period for yuan bond due December 15 to 30 trading days