NZX Announcement

01 July 2024

ANNOUNCEMENT OF LGFA BOND TENDER 109

New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 109:

Tender date: 03 July 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: 08 July 2024

 

LGFA Bonds Intended to be Offered

 

Ticker Code: LGF060

ISIN: NZLGFDT007C4

Maturity Date: 15 April 2027

Coupon: 4.50%

Amount Offered: NZD 60,000,000 

 

Ticker Code: LGF110

ISIN: NZLGFDT012C4

Maturity Date: 20 April 2029

Coupon: 1.50%

Amount Offered: NZD 60,000,000 

 

Ticker Code: LGF170

ISIN: NZLGFDT020C7

Maturity Date: 15 May 2030 

Coupon: 4.50%

Amount Offered: NZD 70,000,000 

 

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