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  • Greater Wellington Regional Council approved for Climate Action Loans (CALs)

    … operations and regional outcomes.  Greater Wellington’s Executive Leadership Team signed off its Organisational … be ‘carbon neutral’ (net-zero total emissions) from FY2029/30; To be ‘climate positive’ (net emissions reduced by more … gross Scope 1 & 2 (Category 1 & 2) GHG emissions in FY2029/30; Achieve a 65% reduction in gross Scope 1 & 2 (Category 1 …
    News
  • Press Release: Highlighting Recent Achievements December 2012

    … to welcome our 12 new shareholders who joined us on 30 November 2012. They are: Gisborne District Council Hauraki … the total number of shareholders in LGFA to 31, comprising 30 participating councils and the New Zealand Government. It … the year held on 12 December. That tender increased LGFA’s bond outstandings to over $1.5 billion. This represents a …
    News
  • LGFA credit ratings affirmed by Fitch Ratings at AA+/AA+

    … with Outlook Stable Fitch Ratings has affirmed LGFA's Long-Term Foreign and Local-Currency Issuer Default Ratings … 'AA+' with a Stable Outlook. Fitch has also affirmed LGFA's senior unsecured local-currency bonds at 'AA+' and its …
    News
  • LGFA credit ratings affirmed by Fitch Ratings at AA/AA+

    … Rating Criteria. This reflects their appraisal of LGFA's 'Very Strong' status regarding ownership and control, … a potential default. Consequently Fitch has equalised LGFA's ratings with those of the New Zealand sovereign …
    News
  • Press Release: Standard and Poor's Rating Report - 18 October 2016

    … Standard and Poor's Rating Report has been released, New Zealand Local … Stable. … Press Release: Standard and Poor's Rating Report - 18 October 2016 …
    News
  • LGFA Cleansing Notice for Offer of 2031 Bond

    … rights, privileges, limitations and conditions) as LGFA's fixed rate bonds maturing on 15 May 2031 with an interest … for the interest rate and/or maturity date) as LGFA's: (i) fixed rate bonds maturing on 15 April 2027, which are …
    News
  • LGFA fixed rate bond offers: Bookbuild update 2

    … the ability to accept unlimited oversubscriptions at LGFA's discretion; and b) NZ$300 million unsecured, … the ability to accept unlimited oversubscriptions at LGFA's discretion, together, the 'Bonds'. Full details of the Bond …
    News
  • KangaNews Sustainable Finance Report Q+A

    … Mark Butcher and Nick Howell were questioned about LGFA’s world leading approach to its inaugural Sustainable … Framework took the innovative approach of combining LGFA’s Green, Social and Sustainability loan asset pool with its …
    News
  • LGFA launches fixed rate bond offers cancels October tender

    … the ability to accept unlimited oversubscriptions at LGFA's discretion Indicative Margin Range: 0.27% to 0.30% per annum 2029 Bonds Maturity Date: 20 April 2029 NZX … 2023 tender, currently scheduled for the week commencing 30 January 2023. Full details of the Bond offers are …
    News
  • Standard and Poor's Rating Report - 19 October 2014

    … The Standard and Poor's Rating Report on LGFA has been released   view here … Standard and Poor's Rating Report - 19 October 2014 …
    News
  • LGFA launches fixed rate bond offers cancels October tender

    … the ability to accept unlimited oversubscriptions at LGFA's discretion; and b) NZ$300 million unsecured, … the ability to accept unlimited oversubscriptions at LGFA's discretion, together, the 'Bonds'. 2028 Bonds The …
    News
  • LGFA credit ratings affirmed by Fitch Ratings at AA+/AA+

    … with Outlook Stable Fitch Ratings has affirmed LGFA's Long-Term Foreign and Local-Currency Issuer Default Ratings … 'AA+' with a Stable Outlook. Fitch has also affirmed LGFA's senior unsecured local-currency bonds at 'AA+' and its …
    News
  • LGFA fixed rate bond offers: Bookbuild update 2

    … NZX Announcement 30 July 2020 LGFA fixed rate bond offers: Bookbuild update 2 … the ability to accept unlimited oversubscriptions at LGFA's discretion; and b) NZ$200 million of an existing series of … per cent per annum. Closing Date Bids due by 2pm NZT, 30 July 2020. ISIN NZLGFDT016C5 2022 Bonds Bookbuild orders …
    News
  • LGFA launches fixed rate bond offers

    … the ability to accept unlimited oversubscriptions at LGFA's discretion Indicative Margin Range: 0.15% to 0.17% per … the ability to accept unlimited oversubscriptions at LGFA's discretion Indicative Margin Range: 0.68% to 0.72% per … via NZX shortly thereafter. The offers will close at 11:30 am on 7 September 2023, with the Bonds expected to be …
    News
  • LGFA Cleansing Notice for Offer of 2025 Bond

    … rights, privileges, limitations and conditions) as LGFA's fixed rate bonds maturing on 15 April 2025 with an interest … (except for the interest rate and maturity date) as LGFA's: (i) fixed rate bonds maturing on 15 April 2027, which are …
    News
  • LGFA launches fixed rate bond offers

    … the ability to accept unlimited oversubscriptions at LGFA's discretion Indicative Margin Range: 0.25% to 0.27% per … the ability to accept unlimited oversubscriptions at LGFA's discretion Indicative Margin Range: 0.73% to 0.76% per …
    News
  • LGFA fixed rate bond offers: Bookbuild update 3

    … the ability to accept unlimited oversubscriptions at LGFA's discretion; and b) NZ$300 million unsecured, … the ability to accept unlimited oversubscriptions at LGFA's discretion, together, the 'Bonds'. Full details of the Bond …
    News
  • RBNZ Media Statement: LGFA Added to Large Scale Asset Programme

    … Purchase programme (LSAP). This represents approximately 30 percent of the total LGFA debt on issue, and takes the … the LSAP to $33 billion over 12 months. The Reserve Bank’s Monetary Policy Committee (MPC) noted that purchases of New … provide stability and retain confidence in New Zealand’s capital market. The Crown has agreed to extend and increase …
    News
  • LGFA Cleansing Notice for Offer of 2026 Bond

    … rights, privileges, limitations and conditions) as LGFA's fixed rate bonds maturing on 15 April 2026 with an interest … for the interest rate and/or maturity date) as LGFA's: (i) fixed rate bonds maturing on 15 April 2027, which are …
    News
  • Press Release: Appointment of New Chief Executive

    … Once on board, Mark is looking forward to building on LGFA’s impressive start as New Zealand’s first and only semi-government issuer. Contacts : Craig …
    News
  • LGFA fixed rate bond offers: Bookbuild update 1

    … the ability to accept unlimited oversubscriptions at LGFA's discretion; and b) NZ$300 million unsecured, … the ability to accept unlimited oversubscriptions at LGFA's discretion, together, the 'Bonds'. Full details of the Bond …
    News
  • LGFA Announcement of Australian Investor Roadshow

    … Government Funding Agency (LGFA) rated AAA (stable) by S&P Global Ratings and AA+ (stable) by Fitch Ratings has … Any potential A$ transaction is expected to be rated AA+ (S&P Global Ratings) and AA+ (Fitch Ratings). … LGFA …
    News
  • LGFA fixed rate bond offers: Bookbuild update 1

    … the ability to accept unlimited oversubscriptions at LGFA's discretion; and b) NZ$200 million of an existing series of … per cent per annum. Closing Date Bids due by 2pm NZT, 30 July 2020. ISIN NZLGFDT016C5 2022 Bonds Bookbuild orders … per cent per annum. Closing Date Bids due by 2pm NZT, 30 July 2020. ISIN NZLGFDT010C8 Arranger and Joint Lead …
    News
  • Press Release: Standard & Poor’s Ratings Services affirms LGFA Credit Rating at AA+ / A-1+ with Stable Outlook

    … Standard and Poor's Rating Report has been released, New Zealand Local … Affirmed; Outlook Stable. … Press Release: Standard & Poor’s Ratings Services affirms LGFA Credit Rating at AA+ / A-1+ …
    News
  • LGFA Announcement of Mandate for a 7-year A$ Kangaroo Bond Issue

    … Funding Agency Limited (LGFA) rated AAA (stable) by S&P and AA+ (stable) by Fitch has mandated ANZ, CBA, UBS and … Any potential A$ transaction is expected to be rated AA+ (S&P) and AA+ (Fitch).   LGFA undertook its debut 5-year A$1 …
    News
  • LGFA Cleansing Notice for Offer of 14 April 2022 Bond

    … rights, privileges, limitations and conditions) as LGFA's fixed rate bonds maturing on 14 April 2022 with an interest … for the interest rate and/or maturity date) as LGFA's: (i) fixed rate bonds maturing on 15 May 2021, which are …
    News
  • LGFA Amendments to Foundation Policies

    … NZX Announcment 09 December 2019 LGFA's shareholders approved amendments to its foundation policies … policy limits given the increase in the size of LGFA's balance sheet; • permitting LGFA to lend money through …
    News
  • Standard and Poor's Rating Report - 9 November 2015

    … The Standard and Poor's Rating Report has been released    View Here >> … Standard and Poor's Rating Report - 9 November 2015 …
    News
  • LGFA Undertakes First Climate Action Loans

    … apply for Climate Action Loans (CALs). CALs align to LGFA’s aim of displaying leadership to the sector on sustainable … Targets (ERT). Both the ERP and ERT relate to a borrower’s operational greenhouse gas emissions at council or CCO …
    News
  • News: Appointment of Chief Executive

    … authority borrowing agency, which is to be the nation’s second-largest debt issuer after the government. Combes is … It is hoped that the authority will strengthen New Zealand's capital markets. (BusinessDesk) …
    News
  • LGFA Draft SOI 2020-2021 and Borrowing Programme Update

    … shareholder consultation and the SOI will be finalised by 30 June 2020. A copy is available on the LGFA website … (if applicable) council-controlled organisations and LGFA’s own borrowing requirements for liquidity purposes. No … by councils and council-controlled organisations and LGFA’s own borrowing requirements for liquidity purposes. No …
    News
  • LGFA considers bond offers

    … Bonds. Investors can register their interest in the offer(s) by contacting a Joint Lead Manager as detailed below, or … currently be made. If LGFA offers any Bonds, the offer(s) will be made in accordance with the Financial Markets …
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