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)

By Scott Murdoch and Anousha Sakoui