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Filter search resultsLGFA Considers Bond Offer
… fixed rate bonds maturing on 15 April 2037 (2037 Bonds) and an offer of an existing series of unsecured, … together with the 2037 Bonds, the Bonds), to institutional and New Zealand retail investors. LGFA will hold a global … LGFA has appointed Bank of New Zealand as the Arranger and a Joint Lead Manager and ANZ Bank New Zealand Limited, …NewsLGFA fixed rate bond offers: Bookbuild update 2
… (LGFA) announced that it is offering to institutional and New Zealand retail investors the following existing … unsubordinated, fixed rate bonds with the maturity dates and NZX ticker codes listed below (together, the 'Bonds'). … in the Series Notices for the 2024 Bonds, 2026 Bonds and 2028 Bonds which were attached to the launch announcement …NewsLGFA fixed rate bond offers: Bookbuild update 4
… (LGFA) announced that it is offering to institutional and New Zealand retail investors the following existing … unsubordinated, fixed rate bonds with the maturity dates and NZX ticker codes listed below (together, the 'Bonds'). … in the Series Notices for the 2024 Bonds, 2026 Bonds and 2028 Bonds which were attached to the launch announcement …NewsLGFA launches fixed rate bond offers cancels October tender
… announced today that it is offering to institutional and New Zealand retail investors the following existing … unsubordinated, fixed rate bonds with the maturity dates and NZX ticker codes listed below (together, the 'Bonds'). … series of Bonds is already quoted on the NZX Debt Market and will be offered in the amount indicated below. 2025 Bonds …NewsNew Zealand Government extends and upsizes the Crown Liquidity Facility with LGFA
… Announcement 11 August 2020 New Zealand Government extends and upsizes the Crown Liquidity Facility with LGFA The Minister of Finance and LGFA have today signed an amendment to the Crown … the facility to 31 December 2031 (from 31 December 2021) and increases the size of the facility to NZD1.5 billion …NewsMark Butcher
… in November 2010. Formerly he has held senior trading and sales roles across derivative, interest rate and debt products at the National Bank of New Zealand and Westpac Institutional Bank and in the wealth management …PersonHelen Robinson ONZM
… Helen is an experienced business leader locally and internationally mostly in the technology and sustainability sectors. Helen was Managing Director of … New Zealand, VP of Pivotal Corporation Asia Pacific and Managing Director, Markit Group (co-founding its …PersonElena Trout
… Elena is an experienced company director and a professional engineer who has held a number of leadership positions in the transport, infrastructure and energy sectors. She has over 30 years of experience in the management, planning and delivery of large projects and continues to provide …PersonCancellation Announcement - April 2024 Syndication
… 28 March 2024 LGFA cancels 3 April 2024 tender and considers bond offers New Zealand Local … rate bonds ( Bonds ), to institutional and New Zealand retail investors during April 2024. If LGFA … offers any Bonds, full details of the proposed offer(s) and the Bonds will be released at the relevant time, subject …NewsPress Release: Retirement of Chief Executive
… Funding Agency (LGFA) on 30 June 2014, after two and a half years in the role. He has enjoyed the challenge of … helping to build LGFA from scratch, as the country’s first and only semi-government issuer. Phil has described this as … He has gained the respect of both council borrowers and domestic and global investors. The Chairman and Board …NewsLGFA Cleansing Notice for Offer of 20 April 2029 Bond
… Conduct Act 2013 ("FMCA"). The main terms of the offer and the Bonds are set out in the attached Series Notice. … Bonds will have identical rights, privileges, limitations and conditions (except for the interest rate and maturity date) as LGFA's: (i) fixed rate bonds maturing …NewsLGFA Bond Issuance Programme Update/Revised Bond Tender Schedule for 2020-21
… 30 June 2020 LGFA BOND ISSUANCE PROGRAMME UPDATE AND REVISED LGFA BOND TENDER SCHEDULE FOR 2020-21 FINANCIAL … YEAR Following discussions with our participating councils and completion of the three-year forecasts for the 2020-21 … 2020. The issuance volume is however subject to change and will be determined by LGFA at the relevant time as it …NewsLGFA confirms Issue Price, Interest Rate and Issuance Yield
… 30 July 2020 LGFA confirms Issue Price, Interest Rate and Issuance Yield New Zealand Local Government Funding … fixed rate bonds maturing 15 April 2037 (2037 Bonds); and b) NZ$400 million of an existing series of unsecured, … participants (or their clients) in the bookbuild process and there is no public pool. The 2037 Bonds are expected to …NewsLGFA fixed rate bond offers close
… the maturity dates listed below (together, the 'Bonds') and confirmed the issue size and Margin for each offer of the Bonds. 2024 Bonds Maturity … Rate: 2.25% per annum Other information The Issuance Yield and Issue/Settlement Price for each of the 2024 Bonds, 2026 …NewsProposed Change to LGFA Foundation Policy Convenant
… financial covenants set out in its foundation policies and will recommend to shareholders at a Special General … Ratings Australia Pty Limited, Fitch Australia Pty Limited and LGFA's Shareholders' Council. The proposed changes to … to apply; • for the financial years ending 30 June 2021 and 2022, 300% will apply; and • for each of the next four …NewsLGFA fixed rate bond offers close
… the maturity dates listed below (together, the 'Bonds') and confirmed the issue size and Margin for each offer of the Bonds. 2025 Bonds Maturity … Rate: 1.50% per annum Other information The Issuance Yield and Issue/Settlement Price for each of the 2025 Bonds and …NewsLGFA fixed rate bond offers: Bookbuild update 1
… date of 15 April 2037 (2037 Bonds) to institutional and New Zealand retail investors, with the ability to accept unlimited oversubscriptions at LGFA's discretion; and b) NZ$200 million of an existing series of unsecured, … date of 14 April 2022 (2022 Bonds) to institutional and New Zealand retail investors, with the ability to accept …NewsLGFA fixed rate bond offers: Bookbuild update 2
… date of 15 April 2037 (2037 Bonds) to institutional and New Zealand retail investors, with the ability to accept unlimited oversubscriptions at LGFA's discretion; and b) NZ$200 million of an existing series of unsecured, … date of 14 April 2022 (2022 Bonds) to institutional and New Zealand retail investors, with the ability to accept …NewsPress Release: LGFA launches fixed rate bond offer and cancels 13 March 2019 tender
… LGFA launches fixed rate bond offer and cancels 13 March 2019 tender New Zealand … a maturity date of 15 April 2024 (Bonds) to institutional and New Zealand retail investors, with the ability to accept … annum. The Issuance Yield will be the sum of the Margin and the Base Rate on the Rate Set Date. The Margin will be …NewsLGFA fixed rate bond offers: Bookbuild update 2
… Issuance Yield: Based on the revised indicative Margin and swap rate calculated as at 8:55am 12 October 2022, 5.109 … Issuance Yield: Based on the revised indicative Margin, and swap rate calculated as at 8:55am 12 October 2022, 5.164 … bookbuild update relates to LGFA's offers to institutional and New Zealand retail investors of the above existing series …NewsInvestor Presentation in relation to intended bond offers
… fixed rate bonds maturing on 15 May 2028 (2028 Bonds) and/or an offer of unsecured, unsubordinated fixed rate bonds … together with the 2028 Bonds, the Bonds), to institutional and New Zealand retail investors. Attached to this … investor conference call at 4.00pm NZT on 6 October 2021 and a second global investor conference call for the United …NewsLGFA fixed rate bond offers: Bookbuild update 3
… Issuance Yield: Based on the revised indicative Margin, and the swap rate calculated at 11:15am on 12 October 2022, … Issuance Yield: Based on the revised indicative Margin, and the swap rate calculated at 11:15am on 12 October 2022, … bookbuild update relates to LGFA's offers to institutional and New Zealand retail investors of the above existing series …NewsLGFA launches fixed rate bond offer, cancels May tender
… 11 May 2021 LGFA launches fixed rate bond offer and cancels 12 May 2021 tender New Zealand Local Government … a maturity date of 15 May 2031 (Bonds) to institutional and New Zealand retail investors, with the ability to accept … annum. The Issuance Yield will be the sum of the Margin and the Base Rate on the Rate Set Date. The Margin will be …NewsLGFA launches fixed rate bond offer, cancels 21 Aug Tender
… 20 August 2019 LGFA launches fixed rate bond offer and cancels 21 August 2019 tender New Zealand Local … a maturity date of 20 April 2029 (Bonds) to institutional and New Zealand retail investors, with the ability to accept … annum. The Issuance Yield will be the sum of the Margin and the Base Rate on the Rate Set Date. The Margin will be …NewsLGFA launches sustainable financing bond offer
… May 2030 ( Sustainable Financing Bonds ) to institutional and New Zealand retail investors, with the ability to accept … annum. The Issuance Yield will be the sum of the Margin and the Base Rate on the Rate Set Date. The Margin will be … Date. The Coupon/Interest Rate, Issuance Yield, Margin and Issue/Settlement Price for the Sustainable Financing …NewsPress Release: LGFA Credit Rating Affirmed by Standard and Poors' with positive outlook
… On 31 January 2019, Standard and Poor's (S&P) placed the New Zealand Government issuer … attached. … Press Release: LGFA Credit Rating Affirmed by Standard and Poors' with positive outlook …NewsLGFA financing to local government for water services – April 2025 Update
… In October and December 2024, we communicated to the Mayors and CEOs of councils our involvement in the Local Water Done Well (“LWDW”) programme and how we could assist councils regarding the financing of …NewsLGFA wins at Environmental Finance- Sustainable Debt Awards 2024
… Action Loans (CAL), which incentivise councils to set and achieve 1.5°C science-based GHG emissions reduction targets and develop credible plans. Our thanks go out to all who … managers Westpac New Zealand (Sustainability coordinator and Arranger), ANZ, BNZ and Commonwealth Bank of Australia, …NewsMinisterial Announcement Regarding Crown Liquidity Facility
… the liquidity facility. A proposal has been discussed and agreed between the Treasury and the LGFA. The Finance Minister Nicola Willis and I will shortly receive advice from the Treasury that …NewsPress Release: Fitch Rating Action Commentary - 08 November 2018
… (LGFA) senior unsecured local-currency bonds at 'AA+' and its short-term domestic debt programme at 'F1+'. The … which is a shareholder, liquidity provider and derivative counterparty to the GRE. Fitch note that the … also reflects the robust underlying credit profiles and asset quality of LGFA's other council shareholders and …NewsSarah Matthews
… career spanning business advisory, financial management, and corporate services. She is currently GM – Organisation Performance of Taupō District Council and has been in local government leadership roles since 2017, … about making a lasting, positive difference in the sector and the communities they serve. She is a member of Taituara …PersonIncrease in Maximum Tranche Size/Bond Tender Schedule 2022
… 21 February 2022 Increase in maximum tranche size and updated LGFA bond tender schedule INCREASE IN MAXIMUM … of Treasury Stock per tranche that is allocated to LGFA and held for bond lending purposes. LGFA has decided to … tranche size following a review of its investor base and primary and secondary market activity in LGFA bonds. In …News