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Centuria pledges to reopen credit funds after Bathla collapse
The high-profile collapse of the NSW developer has raised a question mark about the risks facing Australia’s $200 billion private credit industry.
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theage.com.au
The financial trend raising the alarm from Wall Street to western Sydney
The $3 billion collapse of western Sydney property developer Bathla Group is the latest cautionary tale involving the private credit sector.
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afr.com
Bathla’s fall has rocked private credit: here are six questions to ask
That failed developer Bathla was a risky and highly geared borrower was known to all in the private credit industry. So why did some lenders take the risk?
