Exclusive
Debt-laden Adgemis mortgages mum’s and grandmother’s homes
Primrose RiordanSenior Reporter
Jon Adgemis, the former KPMG dealmaker turned publican, has used his mother’s and grandmother’s homes as security for loans as his hospitality empire struggles with debt.
The Australian Financial Review’s Street Talk column reported on Sunday that Mr Adgemis and his Public Hospitality Group remained locked in discussions with Bain Capital and Madigan Capital over a $500 million debt refinancing package.
Loading...
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Commercial
Fetching latest articles