middle.news

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

10:53am on Thursday 23rd of January, 2025 AEDT Aviation
Read Story

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

10:53am on Thursday 23rd of January, 2025 AEDT
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
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Rex Airlines (ASX:REX)
OPEN ARTICLE