Investor Presentation in relation to intended bond offer
As announced on 1 March 2019, New Zealand Local Government Funding Agency Limited (LGFA) is considering making an offer of unsubordinated, unsecured fixed rate bonds maturing on 15 April 2024 (Bonds) to institutional and New Zealand retail investors.
It is expected that full details of the offer will be released in the week commencing 11 March 2019, when the offer is expected to open. Attached to this announcement is a copy of an investor presentation in relation to the intended offer.
LGFA Investor Presentation View Here >>
Investors can register their interest in the offer by contacting the Joint Lead Managers as detailed below, or their financial advisor. Indications of interest will not constitute an obligation or commitment of any kind.
No money is currently being sought and applications for the Bonds cannot currently be made. If LGFA offers the Bonds, the offer will be made in accordance with the Financial Markets Conduct Act 2013 as an offer of debt securities of the same class as existing quoted debt securities. The Bonds are expected to be quoted on the NZX Debt Market.
Joint Lead Managers
Bank of New Zealand Phone: 0800 284 017
Westpac Banking Corporation Phone: 0800 942 822
For all investor relations and media queries, please contact:
Mark Butcher, Chief Executive
mark.butcher@lgfa.co.nz / 04 974 6744