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Commonwealth Takes Lead as Rex Assigns $50M Debt Amid Administration

7:03pm on Monday 2nd of June, 2025 AEST Aviation
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Commonwealth Takes Lead as Rex Assigns $50M Debt Amid Administration

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Rex assigns $50 million debt portion to Commonwealth of Australia
  • Commonwealth becomes largest secured creditor of Rex Group
  • Voluntary administrators appointed to Rex and subsidiaries
  • PAGAC Regulus Holding remains a minority secured creditor
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