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Private credit is the reason we don’t have a Bathla rescue deal yet
Private credit firms tell us it’s how they deal with moments of distress that sorts the wheat from the chaff. The situation at Bathla will put that to the test.
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Timeline cronologica
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Bathla collapse exposes private credit investor’s perfect storm
The industry emerged in the 2010s with rising property prices and cheap money. Now it faces its first test with higher interest rates and a housing downturn.
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Private credit is the reason we don’t have a Bathla rescue deal yet
Private credit firms tell us it’s how they deal with moments of distress that sorts the wheat from the chaff. The situation at Bathla will put that to the test.
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Money in private credit? Investment advisers on what to do after Bathla
For the past year, ASIC has been cracking down on how private credit funds are marketed to the public. Here’s what you need to know.
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Bathla founder at risk of personal bankruptcy after securing loans
Bathla’s co-founder gave personal security on loans despite having little to his name. The developer’s demise may result in those creditors pursuing him for bankruptcy.