Perrottet’s $11b WestConnex sale jolts debt markets – The Australian Financial Review
Mr Perrottet said the $11.1 billion received from selling the states remaining 49 per cent stake in the WestConnex motorway to Transurban Group would be sent to the Generations Fund as required by legislation, before being used to retire an equivalent amount of debt. NSW Treasury Corp told the market the proceeds would be used…

