NZX Announcement
21 July 2023

Please find attached an updated list of LGFA guarantors as at 21 July 2023.

Hastings District Council have had their credit rating downgraded to "AA-" with a stable outlook by S&P Global Ratings. They were previously rated "AA" with a negative outlook.

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