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Filter search resultsLGFA fixed rate bond offer closes
… following the successful bookbuild process for its offer of unsecured, unsubordinated, fixed rate bonds with a maturity date of 20 April 2029 (Bonds), it has set the issue size at NZ$500,000,000. This includes over-subscriptions of NZ$150,000,000. The Margin for the Bonds has been set at …NewsBest Practices in Council Financial Management
… New Zealand Local Government sector with almost 90% share of sector lending to sixty-four councils with loans outstanding to the sector as at 30 June 2019 of $9.3 billion. LGFA undertakes an ongoing review of each individual council borrowers’ financial position and …NewsLGFA Quarterly Investor Update
… at $3.0 billion. Given that LGFA has issued $2.3 billion of LGFA bonds in the nine month period to 31 March 2021, it … June quarter but may take the opportunity to prefund part of the 2021-22 requirement if market conditions are suitable. … 2024 financial years were announced to the market as part of the Draft SOI on 27 February 2021 and will be updated in …NewsIncrease in LGFA Treasury Stock
… Agency Limited (LGFA) has decided to increase the amount of bonds issued by LGFA (Bonds) that may be held as Treasury Stock. For each series of Bonds, LGFA will increase its holding by $50 million, from … increase for each series will occur the next time Bonds of that series are issued via a bond tender or syndication. …NewsNew Zealand Government extends and upsizes the Crown Liquidity Facility with LGFA
… the Crown Liquidity Facility with LGFA The Minister of Finance and LGFA have today signed an amendment to the Crown Liquidity Facility that extends the term of the facility to 31 December 2031 (from 31 December 2021) and increases the size of the facility to NZD1.5 billion (from NZD1 billion). The …NewsLGFA confirms Issue Price, Interest Rate and Issuance Yield
… Limited announced today that it will issue NZ$500,000,000 of unsecured, unsubordinated, fixed rate bonds maturing 20 … Bonds has been set at 1.687% per annum, based on a Margin of 0.48% per annum as previously announced. The Issue/Settlement Price (which includes 128 days of accrued interest) has been determined (using the formula …NewsPress Release: LGFA fixed rate bond offer: Bookbuild update 1
… unsubordinated, fixed rate bonds with a maturity date of 15 April 2024 (Bonds) to institutional and New Zealand … oversubscriptions at LGFA’s discretion. Full details of the Bond offer are contained in the Series Notice which … is set out below. Bookbuild orders As at 5pm NZT in excess of NZ$650,000,000 (including NZ$50,000,000 of Bonds reserved …NewsAnnouncement of LGFA Bond Tender 76
… NZX Announcement 10 November 2020 ANNOUNCEMENT OF LGFA BOND TENDER 76 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 76: Tender date: 12 November 2020 Bids open on … April 2025 Coupon: 2.75% Amount Offered: NZD 110,000,000 (of which NZD 50,000,000 is reserved for subscription by LGFA) …NewsPress Release: LGFA fixed rate bond offer: Bookbuild update 2
… unsubordinated, fixed rate bonds with a maturity date of 15 April 2024 (Bonds) to institutional and New Zealand … oversubscriptions at LGFA’s discretion. Full details of the Bond offer are contained in the Series Notice which … set out below. Bookbuild orders As at 10am NZT in excess of NZ$900,000,000 (including NZ$50,000,000 of Bonds reserved …NewsPress Release: Highlighting Recent Achievements December 2012
… LGFA is pleased to announce a number of recent achievements that provide a strong platform for … Whakatane District Council This brings the total number of shareholders in LGFA to 31, comprising 30 participating … Zealand Government. It is also pleasing to note that eight of these new shareholders borrowed from us at our final bond …NewsLGFA fixed rate bond offer: Bookbuild update 1
… unsubordinated, fixed rate bonds with a maturity date of 15 April 2026 (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 4.00 pm NZT in excess of NZ$600,000,000 within the revised indicative Margin range …NewsLGFA’s Carbon Footprint
… eliminate emissions, these are offset through the purchase of high-impact carbon credits from a Gold Standard-certified … Toitū certifications meet and exceed the requirements of ISO standards and ensure consistent and comprehensive … is accredited by the Joint Accreditation System of Australia and New Zealand (JAS-ANZ). LGFA directors are …PageLGFA launches fixed rate sustainable financing bond offer
… to be 4.50% per annum. The Issuance Yield will be the sum of the Margin and the Base Rate on the Rate Set Date. The … LGFA does not intend to offer any additional tranches of the Sustainable Financing Bonds until its January 2025 … expected to be quoted on the NZX Debt Market. Full details of the Sustainable Financing Bond offer is contained in the …NewsThe United Nations Sustainable Development Goals
… New Zealand, comprise 17 goals and 169 targets. As part of our commitment to sustainability, LGFA will seek to … its GBP and SBP to the UN SDGs to provide a broad frame of reference by which parties can evaluate the financing objectives of a green bond or social bond against the UN SDGs. LGFA has …PageLGFA launches Climate Action Loans for Councils and CCOs
… LGFA is pleased to announce the launch of its Climate Action Loan Lending Programme for council and … Loans (CALs). Offering CALs will align to LGFA’s aim of displaying leadership to the sector on sustainable lending … to access GSS loans. As at December 2022, NZ$543 million of GSS Loans have been approved by LGFA, with NZ$101 million …NewsWellington City Council and Tauranga City Council approved for Climate Action Loans (CALs)
… 57% between FY21 and FY30, and a separate target that 2/3 of their supplier emissions will have adopted science-based … in 2018 and has since then achieved a 27% reduction of Scope 1 and 2 emissions (including CCOs and wastewater … Loans (GSS). As at 4th April 2024, NZ$1,784.7 million of CALs Loans, and NZ$377.2m of GSS loans have been approved …NewsLGFA Notification of Allotment of Securities - Tender 62
… NZX Announcement Notification of allotment of securities - Tender 62 Pursuant to Listing Rule 7.12.1, … Allotment Date: 15 February 2019 … LGFA Notification of Allotment of Securities - Tender 62 …NewsUpdated List of LGFA Guarantors
… 09 December 2021 Please find attached an updated list of LGFA guarantors as at 09 December 2021: Upper Hutt City Council have been assigned a credit rating of "A+" with a negative outlook by S&P Global Ratings. They were previously unrated. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …NewsUpdated List of LGFA Guarantors
… 11 October 2019 Please find attached an updated list of LGFA guarantors as at 11 October 2019: Taranaki Regional … outlook. The credit rating assigned to Western Bay of Plenty District Council by S&P Global Ratings has been … with a stable ratings outlook. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …NewsLGFA Credit Rating Affirmed by S&P Global Ratings
… S&P Global Ratings affirmed the LGFA Local Currency rating of "AA+/A-1+" and LGFA Foreign Currency credit rating of "AA/A-1+" and both ratings remain on positive outlook. S&P … position and robust management and governance.” A copy of the S&P Research Update is available View Here ENDS …NewsUpdated List of LGFA Guarantors
… 29 June 2022 Please find attached an updated list of LGFA guarantors as at 29 June 2022. Horowhenua District Council have been assigned a credit rating of AA- with a stable outlook by S&P Global Ratings. They were … rated as A+ with a stable outlook. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …NewsLGFA fixed rate bond offer: Bookbuild update 1
… 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 4.00 pm NZT in excess of NZ$630 million within the indicative Margin range below …NewsLGFA Statement of Intent 2019-2020
… The LGFA is pleased to release the 2019-2020 Statement of Intent , required under the Local Government Act 2002 for … Shareholders by 30th June 2019. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …NewsAnnouncement of LGFA Bond Tender 63
… NZX Announcement 03 May 2019 ANNOUNCEMENT OF LGFA BOND TENDER 63 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 63: Tender date: 07 May 2019 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …NewsUpdated List of LGFA Guarantors
… 19 April 2022 Please find attached an updated list of LGFA guarantors as at 19 April 2022. Waikato District Council have been assigned a credit rating of "AA+" with a stable outlook by Fitch Ratings. They were previously unrated. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …NewsAnnouncement of LGFA Bond Tender 74
… NZX Announcement 07 September 2020 ANNOUNCEMENT OF LGFA BOND TENDER 74 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 74: Tender date: 09 September 2020 Bids open … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …NewsLGFA Notification of Allotment of Securities - Tender 63
… NZX Announcement Notification of allotment of securities - Tender 63 Pursuant to Listing Rule 7.12.1, … May 2019 Allotment Date: 10 May 2019 … LGFA Notification of Allotment of Securities - Tender 63 …NewsAnnouncement of LGFA Bond Tender 98
… NZX Announcement 08 May 2023 ANNOUNCEMENT OF LGFA BOND TENDER 98 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 98: Tender date: 10 May 2023 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …NewsLGFA Amendments to Foundation Policies
… during its annual meeting on 21 November 2019. A copy of the amended foundation policies is attached. The … treasury policy limits given the increase in the size of LGFA's balance sheet; • permitting LGFA to lend money … the amended foundation policy, as at the date of this announcement: • LGFA only lends to local authorities …NewsAnnouncement of LGFA Bond Tender 87
… NZX Announcement 31 January 2022 ANNOUNCEMENT OF LGFA BOND TENDER 87 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 87: Tender date: 02 February 2022 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …NewsAnnouncement of LGFA Bond Tender 79
… NZX Announcement 08 March 2021 ANNOUNCEMENT OF LGFA BOND TENDER 79 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 79: Tender date: 10 March 2021 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …NewsAnnouncement of LGFA Bond Tender 95
… NZX Announcement 12 December 2022 ANNOUNCEMENT OF LGFA BOND TENDER 95 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 95: Tender date: 14 December 2022 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …News