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  • LGFA fixed rate bond offers: Bookbuild update 3

    … New Zealand retail investors the following existing series of unsecured, unsubordinated, fixed rate bonds with the … codes listed below (together, the 'Bonds'). Each series of Bonds is already quoted on the NZX Debt Market. Full details of the Bond offers are contained in the Series Notices for …
    News
  • LGFA fixed rate bond offers: Bookbuild update 4

    … New Zealand retail investors the following existing series of unsecured, unsubordinated, fixed rate bonds with the … codes listed below (together, the 'Bonds'). Each series of Bonds is already quoted on the NZX Debt Market. Full details of the Bond offers are contained in the Series Notices for …
    News
  • LGFA fixed rate bond offers: Bookbuild update 2

    … New Zealand retail investors the following existing series of unsecured, unsubordinated, fixed rate bonds with the … codes listed below (together, the 'Bonds'). Each series of Bonds is already quoted on the NZX Debt Market. Full details of the Bond offers are contained in the Series Notices for …
    News
  • Mark Butcher

    … Mark was appointed Chief Executive of the New Zealand Local Government Funding Agency effective … interest rate and debt products at the National Bank of New Zealand and Westpac Institutional Bank and in the … Officer at Perpetual Capital and General Manager of AllianceBernstein New Zealand. Mark is currently the Chair …
    Person
  • LGFA Statement of Intent 2020-2021

    … NZX Announcement 30 June 2020 LGFA 2020-21 STATEMENT OF INTENT LGFA has released to shareholders its 2020-2021 …
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  • Board of Directors

    … independent and non-independent directors, the majority of which are required to be independent directors appointed … Constitution; LGFA Shareholder Agreement; LGFA Annual Statement of Intent. The names, positions, qualifications and experience …
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  • LGFA Quarterly Funding Update - March 2024

    … NZ$300 million to NZ$5.3 billion (excluding any issuance of Treasury Stock). This reflects the higher amount of … programme update when we release the 2024-27 Final Statement of Intent at the end of June 2024.   ENDS Released on behalf of
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  • LGFA Statement of Intent 2021-2022

    … NZX Announcement 30 June 2021 LGFA 2021-22 STATEMENT OF INTENT LGFA has released to shareholders its 2021-2022 …
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  • LGFA release Draft SOI 2024-27/Forecast Borrowing Programme

    … Government Act 2002, LGFA is required to publish a Draft Statement Of Intent (SOI) by 29 February 2024 and publish a Final SOI by …
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  • Announcement of LGFA Bond Tender 71

    … NZX Announcement 04 May 2020 ANNOUNCEMENT OF LGFA BOND TENDER 71 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 71: Tender date: 06 May 2020 Bids open on … April 2022 Coupon: 2.75% Amount Offered: NZD 100,000,000 (of which NZD 50,000,00 is reserved for subscription by LGFA) …
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  • Press Release: Investor Presentation in relation to intended bond offer

    … Agency Limited (LGFA) is considering making an offer of unsubordinated, unsecured fixed rate bonds maturing on 15 … retail investors.  It is expected that full details of the offer will be released in the week commencing 11 March … expected to open.  Attached to this announcement is a copy of an investor presentation in relation to the intended …
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  • LGFA fixed rate bond offers close

    … announced that it will issue the following existing series of unsecured, unsubordinated, fixed rate bonds (together, the … and confirmed the issue size and Margin for each offer of the Bonds. 2025 Bonds Maturity Date: 15 April 2025 Issue … orders: As at offer close, bookbuild orders in excess of NZ$295 million were received (including NZ$65 million …
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  • Media Release: LGFA contemplating issuing a new April 2022 bond

    … Funding Agency (LGFA) is contemplating the issuance of a new 14 April 2022 bond (2022 Bond) in the next LGFA bond … on Thursday 29th March 2018 via the standard announcement of tender details. A new 2022 Bond will allow LGFA to provide … Bond will constitute direct, unsecured debt obligations of LGFA.  The issuance of a new maturity that for the first …
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  • LGFA confirms Issue Price, Interest Rate and Issuance Yield

    … today that it will issue the following existing series of unsecured, unsubordinated, fixed rate bonds with the … annum Issuance Yield: 3.499% per annum, based on a Margin of 0.08% per annum as previously announced Issue/Settlement … annum Issuance Yield: 3.794% per annum, based on a Margin of 0.29% per annum as previously announced Issue/Settlement …
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  • LGFA fixed rate bond offer: Bookbuild update 2

    … unsubordinated, fixed rate bonds with a maturity date of 15 May 2031 (Bonds) to institutional and New Zealand … oversubscriptions at LGFA's discretion. Full details of the Bond offer are contained in the Series Notice which … out below. Bookbuild orders As at 9.10 am NZT in excess of NZ$900 million within the original indicative Margin range …
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  • LGFA fixed rate bond offers: Bookbuild update 3

    … code: LGF070 Bookbuild orders: As at 11:25am NZT in excess of NZ$670 million at the revised indicative Margin below … Limited (LGFA) expects to issue at least NZ$600 million of 2025 Bonds. Indicative Margin: The indicative Margin range … code: LGF110 Bookbuild orders: As at 11:25am NZT in excess of NZ$270 million at the revised indicative Margin below …
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  • LGFA launches fixed rate bond offers cancels October tender

    … unsubordinated, fixed rate bonds with a maturity date of 15 May 2028 (2028 Bonds) to institutional and New Zealand … unsubordinated, fixed rate bonds with a maturity date of 15 May 2035 (2035 Bonds) to institutional and New Zealand … to be 2.25% per annum. The Issuance Yield will be the sum of the Margin and the Base Rate on the Rate Set Date. The …
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  • LGFA Considers Bond Offer

    … Agency Limited ( LGFA ) is considering making an offer of unsecured, unsubordinated fixed rate bonds maturing on 20 … Zealand retail investors. It is expected that full details of the offer will be released the week beginning 19 August … to occur on 21 August 2019. LGFA has appointed Bank of New Zealand as the Arranger and a Joint Lead Manager and …
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  • LGFA Considers Bond Offer

    … considering, subject to market conditions, making an offer of unsecured, unsubordinated fixed rate bonds maturing on 15 … scheduled on 8 April 2020. LGFA has appointed Bank of New Zealand as the Arranger and a Joint Lead Manager and ANZ Bank New Zealand Limited, Commonwealth Bank of Australia (ABN 48 123 123 124) and Westpac Banking …
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  • Press Release: LGFA Considers Bond Offer

    … on 4 February 2019, LGFA is considering making an offer of unsecured, unsubordinated fixed rate bonds maturing on 15 … retail investors.  It is expected that full details of the offer will be released the week beginning 11 March … to occur on 13 March 2019. LGFA has appointed Bank of New Zealand as the Arranger and a Joint Lead Manager and …
    News
  • Sector Standard page

    … Sector supports a variety of Information Architecture principles - one is to organise … in pages which are organised in a menu.  The concept of hierarchical content works well with: Linear content … AA+ Positive outlook 86% LGFA's estimated market share of local government debt Loans to Auckland Council are …
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  • LGFA sustainable financing bond offer: Bookbuild update 1

    … Bonds) Bookbuild orders: As at 2:45 pm NZT in excess of NZ$945 million within the indicative Margin below (including NZ$100 million of Sustainable Financing Bonds reserved for subscription by … to date, LGFA expects to issue at least NZ$500 million of the Sustainable Financing Bonds (including NZ$100 million …
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  • LGFA release Draft SOI 2023-26 and Forecast Borrowing Programme

    … Government Act 2002, LGFA is required to publish a Draft Statement Of Intent (SOI) by 28 February 2023 and publish a Final SOI by …
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  • Increase in Maximum Tranche Size/Bond Tender Schedule 2022

    … billion to $2 billion. This excludes the $100 million of Treasury Stock per tranche that is allocated to LGFA and … to increase the maximum tranche size following a review of its investor base and primary and secondary market … the cap, LGFA recognises the increase in breadth and depth of the investor base and seeks to meet the needs of investors …
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  • LGFA sustainable financing bond offer: Bookbuild update 2

    … Bond) Bookbuild orders: As at 4:45pm NZT in excess of NZ$1,185 million within the prior indicative Margin range below (including NZ$100 million of Sustainable Financing Bonds reserved for subscription by … to date, LGFA expects to issue at least NZ$800 million of Sustainable Financing Bonds (including NZ$100 million of
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  • LGFA fixed rate bond offer closes

    … following the successful bookbuild process for its offer of unsecured, unsubordinated, fixed rate bonds with a maturity date of 15 May 2031 (Bonds), it has set the issue size at NZ$750 million (including NZ$100 million of Bonds reserved for subscription by LGFA). As at offer …
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  • Shareholders Approve Change to LGFA Foundation Policy Covenant

    … CHANGE TO LGFA FOUNDATION POLICY COVENANT The shareholders of the New Zealand Local Government Funding Agency Limited … local authority borrowers with a long-term credit rating of 'A' equivalent or higher. Any changes to the foundation … Local authority borrowers with a long-term credit rating of 'A' equivalent or higher are now required to maintain …
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  • LGFA Announces Sustainable Financing Bond Framework

    … Sustainable Financing Bond Framework (Framework). As part of our commitment to assist borrower councils and … bonds that will be notionally allocated to a pool of Sustainable Loans that meet the eligibility criteria set … The Framework follows the proceeds-based pillars of the general market standards for sustainable finance, …
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  • Investor Presentation in relation to intended bond offer

    … considering, subject to market conditions, making an offer of unsecured, unsubordinated fixed rate bonds maturing on 15 … retail investors. Attached to this announcement is a copy of an investor presentation in relation to the intended … as detailed below, or their financial advisor. Indications of interest will not constitute an obligation or commitment …
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  • LGFA sustainable financing bond offer: Bookbuild update 3

    … Bond) Bookbuild orders: As at 10.45am NZT in excess of NZ$1,645 million within the prior indicative Margin range below (including NZ$100 million of Sustainable Financing Bonds reserved for subscription by … to date, LGFA expects to issue at least NZ$1,000 million of Sustainable Financing Bonds (including NZ$100 million of
    News
  • Investor Presentation in relation to intended bond offers

    … considering, subject to market conditions, making an offer of unsecured, unsubordinated fixed rate bonds maturing on 15 May 2028 (2028 Bonds) and/or an offer of unsecured, unsubordinated fixed rate bonds maturing on 15 … retail investors. Attached to this announcement is a copy of an investor presentation in relation to the potential …
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  • LGFA fixed rate bond offers: Bookbuild update 1

    … unsubordinated, fixed rate bonds with a maturity date of 15 May 2028 (2028 Bonds) to institutional and New Zealand … unsubordinated, fixed rate bonds with a maturity date of 15 May 2035 (2035 Bonds) to institutional and New Zealand … at LGFA's discretion, together, the 'Bonds'. Full details of the Bond offers are contained in the Series Notices for …
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