Sydney pub baron Jon Adgemis’ pub group will face a carve-up under a $400m debt deal, which will see the empire of pubs and hotels refinanced by a consortium of lenders.
Sources confirmed Mr Adgemis has inked a $400m deal, which would see a consortium of lenders headed by Deutsche Bank step in and refinance existing debt holders across the Public Hospitality Group.
Deutsche Bank will also immediately transfer cash into the hospitality group to pick up costs and pay debtors and…
