(Reuters) - Local media estimated the losses at more than A$300 million
.
The Australian newspaper said the funds, which are invested
in senior secured loans, had combined assets of about A$220
million, but had borrowed borrowed six to seven times their
value, magnifying potential losses.
Read more at Reuters.com Bonds News
.
The Australian newspaper said the funds, which are invested
in senior secured loans, had combined assets of about A$220
million, but had borrowed borrowed six to seven times their
value, magnifying potential losses.
Read more at Reuters.com Bonds News
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