NZX Announcement
02 September 2024
ANNOUNCEMENT OF LGFA BOND TENDER 111
New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 111:
Tender date: 04 September 2024
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: 09 September 2024
LGFA Bonds Intended to be Offered
Ticker Code: LGF170
ISIN: NZLGFDT020C7
Maturity Date: 15 May 2030
Coupon: 4.50%
Amount Offered: NZD 150,000,000 (of which NZD 50,000,00 is reserved for subscription by LGFA)
Ticker Code: LGF140
ISIN: NZLGFDT017C3
Maturity Date: 15 May 2031
Coupon: 2.25%
Amount Offered: NZD 110,000,000 (of which NZD 50,000,00 is reserved for subscription by LGFA)
Ticker Code: LGF160
ISIN: NZLGFDT019C9
Maturity Date: 15 May 2035
Coupon: 3.00%
Amount Offered: NZD 90,000,000 (of which NZD 50,000,00 is reserved for subscription by LGFA)
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