Announcement of LGFA Bond Tender 76

NZX Announcement
10 November 2020
ANNOUNCEMENT OF LGFA BOND TENDER 76

New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 76:
Tender date: 12 November 2020
Bids open on Yieldbroker: 1.30pm
Bids close on Yieldbroker: 2.00pm
Results: Available from 2.15pm on the tender date on LGFA website http://lgfa.co.nz/bonds-issuance#results
Settlement Date: 16 November 2020

LGFA Bonds Intended to be Offered

Ticker Code: LGF070
ISIN: NZLGFDT008C2
Maturity Date: 15 April 2025
Coupon: 2.75%
Amount Offered: NZD 110,000,000 (of which NZD 50,000,000 is reserved for subscription by LGFA)

Ticker Code: LGF060
ISIN: NZLGFDT007C4
Maturity Date: 15 April 2027
Coupon: 4.50%
Amount Offered: NZD 50,000,000

Ticker Code: LGF110
ISIN: NZLGFDT012C4
Maturity Date: 20 April 2029
Coupon: 1.50%
Amount Offered: NZD 60,000,000

Ticker Code: LGF130
ISIN: NZLGFDT016C5
Maturity Date: 15 April 2037
Coupon: 2.00%
Amount Offered: NZD 30,000,000

No money is currently being sought and no bids for LGFA Bonds will be accepted until bids open on Yieldbroker and tender participants have received the relevant series notice.

The LGFA Bonds reserved for subscription by LGFA will be used as Treasury Stock to provide for bond lending under the LGFA Bond Lending Facility.

ENDS
Released on behalf of NZ Local Government Funding Agency Limited by Mark Butcher, Chief Executive.

Telephone +64 4 974 6744
Email mark.butcher@lgfa.co.nz
Website lgfa.co.nz

10 Nov 2020