Contrite Nylex trims debt and name
James EyersSenior Reporter
Austrim Nylex yesterday said its 2002-03 performance was unacceptable and confirmed it would raise more capital to reduce debt.
The company also said it planned to change its name to Nylex to build on the strength of that brand.
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James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au
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