LGFA cancels 18 March 2026 tender and considers bond offers
16 March 2026
New Zealand Local Government Funding Agency Limited (LGFA) has decided to cancel the tender that is scheduled to occur on 18 March 2026.
LGFA is considering, subject to market conditions, making one or more offers of unsecured, unsubordinated fixed rate bonds (Bonds), to institutional and New Zealand retail investors during March to April 2026.
If LGFA offers any Bonds, full details of the proposed offer(s) and the Bonds will be released at the relevant time, subject to market conditions.
No money is currently being sought and applications for the Bonds cannot currently be made. If LGFA offers any Bonds, each 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.
ENDS
For all investor relations and media queries, please contact: mark.butcher@lgfa.co.nz / 04 974 6744 |