Secured investors in failed property financier St Laurence are set to receive a 3c in the dollar payout in September, one month later than expected.
That comes on top of 9 cents repaid earlier this year and 10 cents paid out by the company when it was in moratorium.
St Laurence defaulted to its 9000 debenture holders, owed about $240 million in June 2008.
Receivers Deloitte said the latest tranche of funds to investors had come as a result of loans and guarantees recovered in the past few months.
They said were nearing the end of the loan recovery process and that they expect overall recovery to investors will be at the lower end of the 15 to 22 cents in the dollar range.
