Country Garden offshore bondholders retained PJT Partners - sources

PJT Partners

19/10/2023 16:32

By Scott Murdoch and Anousha  Sakoui
       SYDNEY/LONDON, Oct 19 (Reuters) - A major group of
Country Garden  2007.HK  offshore bondholders has appointed PJT
Partners  PJT.N  as financial advisors to lead discussions with
the troubled Chinese property developer,  according to two
sources with knowledge of the matter. 
     Bondholders have been seeking urgent talks with the company
since it missed a $15 million coupon repayment on Wednesday,
putting it at risk of default. 
     A spokesperson for PJT declined to comment. 
    Country Garden did not immediately respond to a request to
comment made outside of business hours.

 (Reporting Scott Murdoch in Sydney and Anousha Sakoui in
London, editing by Karin Strohecker)
 ((karin.strohecker@thomsonreuters.com; +442075427262; Reuters
Messaging: karin.strohecker.reuters.com@reuters.net))