Good evening,
 
 

Good evening,

A table for Jon Adgemi, please. Street Talk understands the ex-KPMG dealmaker has asked his former employer to help his Public Hospitality Group pull off a $300 million debt refinancing.

The pubs and hotels roll-up is understood to have already met with credit funds and other potential backers.

It would be interesting to see where pricing lands; our sister column Rear Window has previously reported PHG as paying interest rates as high as 18 per cent a year on its $500 million odd short-term borrowings.

In more food news, Fortitude’s premium food producer Birch & Waite Foods has acquired Queensland-based sauce and dressing brand Epicurean Foods. And we spotted a looming tie-up between two of Australia’s largest fruit growers.

Finally, we checked in with two childcare sales active right now – Partners Group’s Guardian and Quadrant’s Affinity Education.

Oh, and we revealed the identity of the mystery trader at the centre of ASIC’s record-setting $4.5 million MDP penalty at Openmarkets.

Happy reading,

Sarah Thompson, Kanika Sood and Emma Rapaport

Street Talk editors

 
The Australian Financial Review
TwitterInstagramLinkedInFacebook
Apple StoreGoogle Play

You have received this email because you are subscribed to Street Talk First Look with the email address: newsletter@newslettercollector.com

  Manage Subscriptions     Unsubscribe     Privacy Policy     Contact Us  

© 2023 The Australian Financial Review

1 Denison Street North Sydney, NSW 2060 Australia

 
Nine Entertainment, 1 Denison St, North Sydney, NSW, 2060, Australia Profile center