Updated List of LGFA Guarantors 23 February 2021

NZX Announcement
23 February 2021

Please find attached an updated list of LGFA guarantors as at 23 February 2021:

The credit rating assigned to the following councils by S&P Global Ratings have been upgraded to "AA+" with a stable outlook. They were previously rated "AA" with a positive outlook.

Greater Wellington Regional Council
Marlborough District Council
New Plymouth District Council
Taupo District Council
Wellington City Council
Whangarei District Council

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

23 Feb 2021