NZX Announcement

07 August 2024

ANNOUNCEMENT OF LGFA BOND TENDER 110

New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 110:

Tender date: 09 August 2024

Bids open on Yieldbroker: 11.30am

Bids close on Yieldbroker: 12.00pm

Results: Available from 12.15pm on the tender date on LGFA website http://lgfa.co.nz/bonds-issuance#results

Settlement Date: 14 August 2024

 

LGFA Bonds Intended to be Offered

Ticker Code: LGF150

ISIN: NZLGFDT018C1

Maturity Date: 15 May 2028

Coupon: 2.25%

Amount Offered: NZD 40,000,000 

 

Ticker Code: LGF170

ISIN: NZLGFDT020C7

Maturity Date: 15 May 2030 

Coupon: 4.50%

Amount Offered: NZD 80,000,000 

 

Ticker Code: LGF140
ISIN: NZLGFDT017C3
Maturity Date: 15 May 2031

Coupon: 2.25%

Amount Offered: NZD 40,000,000 

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.

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