Top Sydney Builder’s $2.3 Billion Debt Woes Hit Private Credit
Bathla Group, a major property developer in Sydney, is leaving private credit investors exposed after falling into insolvency earlier this week in the latest blow to Australia’s troubled housing market.
By Richard Henderson, Low De Wei, Sharon Klyne and Megawati Wijaya · Bloomberg Markets
Bathla Group, a major property developer in Sydney, is leaving private credit investors exposed after falling into insolvency earlier this week in the latest blow to Australia’s troubled housing market.