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Commonwealth Takes Lead as Rex Assigns $50M Debt Amid Administration
10:53am on Thursday 23rd of January, 2025 AEDT
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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
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