PB: Vanke's overseas creditors have begun accepting requests for talks from restructuring advisory firm Houlihan Lokey. Such moves are often a prelude to the formation of a so-called "interim committee," which typically negotiates with the debtor on behalf of bondholders. Sources familiar with the matter revealed that if Vanke's overseas bonds default, bondholders' negotiating leverage will primarily rely on keepwell agreements and the liquidation of its Hong Kong subsidiary. $BNB $BTC $ETH