Sydney deal-maker Jon Adgemis is working on a new deal to rescue his ailing pub empire after a $500m refinancing with private lenders Bain Capital fell over.
The Australian understands Mr Adgemis is now seeking to reorganise the debts across his group of almost 22 pubs and other properties, in a deal which would see the group rolled up into one debt package.
Currently Mr Adgemis’s Public Hospitality Group is financed with a string of loans tied to the assets in the…
