Australian Mercantile Collections

Muzinich keen on debt deal for Jon Adgemis’ Public Hospitality Group

Muzinich keen on debt deal for Jon Adgemis’ Public Hospitality Group

American private lending operator Muzinich is positioned to pick up a swath of Sydney deal-maker Jon Adgemis’s debts to Deutsche Bank after the successful sign-off of a rescue deal for his pubs group.

The pubs baron, who owns and operates 22 pubs and hotels across Sydney and Melbourne, announced on Sunday the group had secured a new debt deal across his hospitality business.

The debt deal, tipped at around $400m, rolls up a sprawling debt load spread across the pubs…

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