TCorp's term-funding requirement drops on asset sale
- Wednesday, 20 August 2014
On August 20, New South Wales Treasury Corporation (TCorp) revised its annual borrowing programme for 2014-15. TCorp's new term-funding requirement for the year is revised down to A$5.5 billion (US$5.1 billion) from A$6.3 billion, with the revision due to the state's A$1.5 billion sale of Macquarie Generation to AGL Energy.
