4 Oct 2009

Final payment made by National Finance receivers

5:25 am on 4 October 2009

The receivers of National Finance 2000 have distributed a third and final repayment of principal to secured investors.

The company collapsed in May 2006, owing more than $25 million.

The third payment of 9.1 cents in the dollar, brings the total repayment to 49.1c.

About $10.7 million has been returned to investors since receivers PricewaterhouseCoopers were appointed.