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Debt-ridden developer Bathla will meet its payroll obligations

ABC News Australia - Top Stories ·
Debt-ridden developer Bathla will meet its payroll obligations

Embattled property developer Bathla Group looks set to meet its payroll deadline today as its future hangs in the balance.

The ABC has confirmed with two sources with direct knowledge of the negotiations that some funding has been secured to meet some of Bathla's payroll obligations today.

Meanwhile negotiations are continuing between the administrator and lenders over short-term funding.

Read the full article on ABC News Australia - Top Stories ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.abc.net.au — the content belongs to ABC News Australia - Top Stories.

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