NZX Announcement
19 March 2025
Please find attached an updated list of LGFA guarantors as at 19 March 2025.
S&P Global Ratings yesterday lowered by one notch its ratings on 18 councils. Outlooks on three of these councils are negative. Outlooks on the remaining 15 councils are stable.
The 18 councils are:
Christchurch City Council
Dunedin City Council
Greater Wellington Regional Council
Hamilton City Council
Hastings District Council
Hutt City Council
Kapiti Coast District Council
Marlborough District Council
Nelson City Council
New Plymouth District Council
Palmerston North City Council
Porirua City Council
South Taranaki District Council
Tasman District Council
Taupo District Council
Waimakariri District Council
Wellington City Council
Whanganui District Council
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