Travel Daily

Excite payouts expected this week


THE Administra­tors of the collapsed Excite Holidays have confirmed that payouts to unsecured creditors are likely to be finalised in the coming days, with an estimated 2 to 2.4 cents in the dollar payable.

The “first and final dividend” will be paid to those whose claims have been admitted via lodgement of paperwork before the deadline earlier last month.

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