Business & Finance
05 March 2024, 12:58 pm 1 minute
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.
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
