Reuters exclusively reported that a group of lenders to China’s Country Garden has hired Allen & Overy and Deloitte as advisers as creditors to the embattled developer gear up for possible debt restructuring talks.
Business & Finance
Country Garden lenders’ group hires advisers for debt revamp talks
05 March 2024, 12:58 pm 1 minute
Market Impact
Country Garden’s debt revamp process started in recent weeks with the hiring of advisers by the developer and a so-called ad-hoc offshore bondholders’ group, after it missed a $15 million bond coupon repayment last October.
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Real Estate
Regions: Asia
Countries: China
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
