A group of lenders to China's Country Garden has hired Allen & Overy and Deloitte as advisers for debt revamp talks. The hiring comes as the Foshan-based developer, China's top private property company by sales, faces a Hong Kong court on May 17 after a creditor filed. Yi Gang, China's former central bank governor, has suggested a new way for Chinese real estate developers to use pre-sale funds.
CHINA #VANKE, INSURERS DISCUSS OPTIONS FOR PRIVATE DEBT SOLUTION.
China’s former central bank governor Yi Gang has suggested a new way for Chinese real estate developers to use pre-sale funds, which could help the country’s ailing property market https://t.co/KtJdNEbLZq
A group of lenders to 🇨🇳 Country Garden has hired Allen & Overy and Deloitte as advisers. The hiring by the lenders' group comes as the Foshan-based developer, China's top private property company by sales, prepares to face a Hong Kong court on May 17 after a creditor filed a… https://t.co/8mvWN3VUCS https://t.co/2VP8VNs7SE
Exclusive: Country Garden lenders' group hires advisers for debt revamp talks https://t.co/wC8KkLNaDn https://t.co/pBMtXGRH32
Nice to team up with ace colleague @clarejim with this scoop... Exclusive: Country Garden lenders' group hires advisers for debt revamp talks, sources say https://t.co/mK8CBxvvio
⚠️ EXCLUSIVE-COUNTRY GARDEN LENDERS' GROUP HIRES ADVISERS FOR DEBT REVAMP TALKS, SOURCES SAY Full Story → https://t.co/m7T9aU8e7R A group of lenders to China's Country Garden has hired Allen (and) Overy and Deloitte as advisers, three sources with knowledge of the matter… https://t.co/w5a20Cy6Sx