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Sydney Developer in Distress Sounds Alarm for Private Credit

The downfall of an Australian property developer that borrowed heavily from non-bank lenders is stoking fears that cracks are starting to emerge in the nation’s A$200 billion ($144 billion) private credit market. Bathla Group, a major property developer in Sydney, …

Sydney Developer in Distress Sounds Alarm for Private Credit

We haven't written up this one. Insurance Journal has the full story — the link below goes straight to it.

Read the original at insurancejournal.com →

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