McGrathNicol, the receiver and manager of Banksia Securities, says it expects to accelerate the timing of returns to debenture holders. The receiver said it expected "strong interest from a range of parties for one portfolio of 565 loans marketed for sale last week", with final offers being due late next month. "Based on the rate of collections to date, we anticipate being able to make our next repayment to debenture holders by early May and that this will be in the order of at least 5 cents in the dollar," receiver Tony McGrath said, in a statement. "Additionally, provided the sale process of the performing loan portfolio occurs in the timeframe anticipated, we expect to be able to make a significant further distribution, in the order of 20 to 35 cents prior to 30 June 2013."