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