NZX Announcement
12 April 2023

New Zealand Local Government Funding Agency Limited (LGFA) today announced that following the successful bookbuild process for its offer of the following unsecured, unsubordinated fixed rate sustainable financing bonds (Sustainable Financing Bonds).

Sustainable Financing Bonds

Maturity Date:

15 May 2030

Issue size:

NZ$1,100 million

Bookbuild orders:

As at offer close at 1pm NZT, bookbuild orders in excess of NZ$1,620 million at
the Margin of 0.61% per annum were received (including NZ$100 million of
Sustainable Financing Bondsreserved for subscription by LGFA and NZ$242
million trading interest from the Joint Lead Managers).


0.61% per annum

The Issuance Yield, Coupon/Interest Rate and Issue/Settlement Price for the Sustainable Financing Bonds
will be announced shortly.

Other Information

All of the Sustainable Financing Bonds have been allocated to participants (or their clients) in the
bookbuild process and there is no public pool.

The Sustainable Financing Bonds are expected to be issued on 17 April 2023. The Sustainable Financing
Bonds are expected to be quoted on the NZX Debt Market on 18 April 2023 under the ticker code LGF170.

Arranger, Sustainability Coordinator and Joint Lead Manager

Westpac Banking Corporation
Phone: 0800 772 142

Joint Lead Managers

Phone: 0800 269 476

Phone: 0800 275 269

Phone: 0800 272 266

For all investor relations and media queries, please contact:

Mark Butcher, Chief Executive / 04 974 6744