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Refinance Loan News

Spurned Tollway Needs Another $65m

Wednesday June 30, 1993
The operator of Sydney's newest private tollway will be forced to borrow a further $65 million in addition to its $50 million State Government loan in order to keep the project viable, it was revealed yesterday. Interlink Roads Pty Ltd admitted that the money was needed because of lower th

State Asks Utilities To Repay $80m Loan

Tuesday June 8, 1993
The NSW Government has ordered Prospect, Shortland and Illawarra Electricity to repay immediately more than $80 million in loans not officially due until 2000 in a pre-Budget bid to bolster the State's finances. The former Minister for Finance, Mr Souris, wrote to all three electricity ut