China Vanke’s Bonds Slide After Report on Talks to Extend Debt

China Vanke Co., the nation’s second-largest developer by sales, fell in the bond market Tuesday after a report that it was in talks to extend due dates coming up on some non-standard debt.

The builder’s longer-dated dollar notes slid by the most in more than a month after credit information provider Reorg reported Monday that Vanke is negotiating with certain lenders, mostly insurance firms, to extend near maturities of the debt. The company management went to Beijing recently to seek help faciliting the talks from regulators, according to Reorg.

That comes after Bloomberg News reported in December that at ...