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HONG KONG (Reuters)PROPERTY/DEBT-COUNTRYGARDEN - A major group of Country Garden offshore creditors has appointed Kirkland & Ellis LLP as the legal adviser, a source familiar with the matter said, in a move towards discussing debt repayment options with the defaulted Chinese developer. Country Garden has been working on a plan to restructure its $11 billion offshore bonds after it missed a coupon repayment in October, becoming one of the biggest Chinese developers that have defaulted on its offshore debt. The developer's offshore bondholders group, which has hired Kirkland, had appointed PJT Partners as a financial adviser to discuss repayment plans with the company last year, Reuters reported in October. ....
HONG KONG, Jan 22 PROPERTY/DEBT-COUNTRYGARDEN - A major group of Country Garden offshore creditors has appointed Kirkland & Ellis LLP as the legal adviser, a source familiar with the. ....
Indebted Chinese developer Country Garden has agreed to sell a stake in an Australian residential project, the latest in a series of sales which bring it closer to a complete exit from the country. . ....
Beleaguered property developer Country Garden said on Tuesday it has appointed KPMG Advisory Ltd as its principal financial advisor with respect to its offshore debt restructuring. (Reporting by. ....