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Filter search resultsLGFA fixed rate bond offers: Bookbuild update 1
… date of 15 April 2037 (2037 Bonds) to institutional and New Zealand retail investors, with the ability to accept unlimited oversubscriptions at LGFA's discretion; and b) NZ$200 million of an existing series of unsecured, … date of 14 April 2022 (2022 Bonds) to institutional and New Zealand retail investors, with the ability to accept …NewsLGFA fixed rate bond offers: Bookbuild update 2
… date of 15 April 2037 (2037 Bonds) to institutional and New Zealand retail investors, with the ability to accept unlimited oversubscriptions at LGFA's discretion; and b) NZ$200 million of an existing series of unsecured, … date of 14 April 2022 (2022 Bonds) to institutional and New Zealand retail investors, with the ability to accept …NewsPress Release: LGFA launches fixed rate bond offer and cancels 13 March 2019 tender
… LGFA launches fixed rate bond offer and cancels 13 March 2019 tender New Zealand … a maturity date of 15 April 2024 (Bonds) to institutional and New Zealand retail investors, with the ability to accept … annum. The Issuance Yield will be the sum of the Margin and the Base Rate on the Rate Set Date. The Margin will be …NewsLGFA fixed rate bond offers: Bookbuild update 2
… Issuance Yield: Based on the revised indicative Margin and swap rate calculated as at 8:55am 12 October 2022, 5.109 … Issuance Yield: Based on the revised indicative Margin, and swap rate calculated as at 8:55am 12 October 2022, 5.164 … bookbuild update relates to LGFA's offers to institutional and New Zealand retail investors of the above existing series …NewsInvestor Presentation in relation to intended bond offers
… fixed rate bonds maturing on 15 May 2028 (2028 Bonds) and/or an offer of unsecured, unsubordinated fixed rate bonds … together with the 2028 Bonds, the Bonds), to institutional and New Zealand retail investors. Attached to this … investor conference call at 4.00pm NZT on 6 October 2021 and a second global investor conference call for the United …NewsLGFA fixed rate bond offers: Bookbuild update 3
… Issuance Yield: Based on the revised indicative Margin, and the swap rate calculated at 11:15am on 12 October 2022, … Issuance Yield: Based on the revised indicative Margin, and the swap rate calculated at 11:15am on 12 October 2022, … bookbuild update relates to LGFA's offers to institutional and New Zealand retail investors of the above existing series …NewsLGFA launches fixed rate bond offer, cancels May tender
… 11 May 2021 LGFA launches fixed rate bond offer and cancels 12 May 2021 tender New Zealand Local Government … a maturity date of 15 May 2031 (Bonds) to institutional and New Zealand retail investors, with the ability to accept … annum. The Issuance Yield will be the sum of the Margin and the Base Rate on the Rate Set Date. The Margin will be …NewsLGFA launches fixed rate bond offer, cancels 21 Aug Tender
… 20 August 2019 LGFA launches fixed rate bond offer and cancels 21 August 2019 tender New Zealand Local … a maturity date of 20 April 2029 (Bonds) to institutional and New Zealand retail investors, with the ability to accept … annum. The Issuance Yield will be the sum of the Margin and the Base Rate on the Rate Set Date. The Margin will be …NewsLGFA launches sustainable financing bond offer
… May 2030 ( Sustainable Financing Bonds ) to institutional and New Zealand retail investors, with the ability to accept … annum. The Issuance Yield will be the sum of the Margin and the Base Rate on the Rate Set Date. The Margin will be … Date. The Coupon/Interest Rate, Issuance Yield, Margin and Issue/Settlement Price for the Sustainable Financing …NewsIncrease in Maximum Tranche Size/Bond Tender Schedule 2022
… 21 February 2022 Increase in maximum tranche size and updated LGFA bond tender schedule INCREASE IN MAXIMUM … of Treasury Stock per tranche that is allocated to LGFA and held for bond lending purposes. LGFA has decided to … tranche size following a review of its investor base and primary and secondary market activity in LGFA bonds. In …NewsLGFA Indicative Bond Tender Dates for 2019
… has reviewed the issuance programme for calendar year 2019 and has set the following indicative dates for bond tenders and related tender settlements View Here >> The indicative February and May 2019 tender dates have been scheduled for a Tuesday …NewsLGFA financing to local government for water services – April 2025 Update
… In October and December 2024, we communicated to the Mayors and CEOs of councils our involvement in the Local Water Done Well (“LWDW”) programme and how we could assist councils regarding the financing of …NewsPress Release: Fitch Rating Action Commentary - 08 November 2018
… (LGFA) senior unsecured local-currency bonds at 'AA+' and its short-term domestic debt programme at 'F1+'. The … which is a shareholder, liquidity provider and derivative counterparty to the GRE. Fitch note that the … also reflects the robust underlying credit profiles and asset quality of LGFA's other council shareholders and …NewsLGFA wins at Environmental Finance- Sustainable Debt Awards 2024
… Action Loans (CAL), which incentivise councils to set and achieve 1.5°C science-based GHG emissions reduction targets and develop credible plans. Our thanks go out to all who … managers Westpac New Zealand (Sustainability coordinator and Arranger), ANZ, BNZ and Commonwealth Bank of Australia, …NewsMinisterial Announcement Regarding Crown Liquidity Facility
… the liquidity facility. A proposal has been discussed and agreed between the Treasury and the LGFA. The Finance Minister Nicola Willis and I will shortly receive advice from the Treasury that …NewsLGFA confirms Issue Price, Interest Rate and Issuance Yield
… 12 April 2023 LGFA confirms Issue Price, Interest Rate and Issuance Yield New Zealand Local Government Funding … participants (or their clients) in the bookbuild process and there is no public pool. The Sustainable Financing Bonds … ticker code LGF170. Arranger, Sustainability Coordinator and Joint Lead Manager Westpac Banking Corporation Phone: …NewsLGFA sustainable financing bond offer close
… sustainable financing bonds (Sustainable Financing Bonds) and confirmed the issue size and Margin for the offer of the Sustainable Financing Bonds. … Financing Bonds reserved for subscription by LGFA and NZ$120 million trading interest from the Joint Lead …NewsLGFA fixed rate bond offers close
… unsubordinated, fixed rate bonds (together, the 'Bonds') and confirmed the issue size and Margin for each offer of the Bonds. 2026 Bonds Maturity … Rate: 2.25% per annum Other information The Issuance Yield and Issue/Settlement Price for each of the 2026 Bonds and …NewsLGFA fixed rate bond offers close
… unsubordinated, fixed rate bonds (together, the 'Bonds') and confirmed the issue size and Margin for each offer of the Bonds. 2025 Bonds Maturity … Rate: 4.50% per annum Other information The Issuance Yield and Issue/Settlement Price for each of the 2025 Bonds and …NewsLGFA fixed rate bond offers close
… by LGFA) at the Margin of 0.25% per annum were received; and b) unsecured, unsubordinated, fixed rate bonds with a … 0.46% per annum. The Issuance Yield, Coupon/Interest Rate and Issue/Settlement Price for each of the 2028 Bonds and 2035 Bonds will be announced shortly. All of the Bonds …NewsLGFA fixed rate bond offers close
… of NZ$1,100,000,000 at the Margin of 0.97% were received; and an existing series of unsecured, unsubordinated, fixed … 0.21% per annum. The Issuance Yield, Coupon/Interest Rate and Issue/Settlement Price for the 2037 Bonds will be … for the 2022 Bonds is 2.75% per annum. The Issuance Yield and Issue/Settlement Price for the 2022 Bonds will be …NewsPress Release: LGFA Inaugural Bond Issue
… in terms of relative yield, record over subscriptions and interest from a range of domestic and offshore investors. The strong result also has to be … clearly sit in yield terms between the NZ Government and other highly rated issuers. Mr Combes also believes that …NewsLGFA Cleansing Notice Offer of 2030 Sustainable Financing Bond
… 5 of the Exemption Notice. The main terms of the offer and the Sustainable Financing Bonds are set out in the … Bonds will have identical rights, privileges, limitations and conditions except for the interest rate, the maturity date or both and their "sustainable financing" status, as LGFA's: fixed …NewsLGFA fixed rate bond offers: Bookbuild update 2
… Limited (LGFA) has capped the issue size at NZ$250 million and intends to issue the capped amount. Indicative Margin: … to date, LGFA has capped the issue size at NZ$500 million and intends to issue the capped amount. Indicative Margin: … bookbuild update relates to LGFA's offers to institutional and New Zealand retail investors of the above existing series …NewsLGFA Considers Bond Offer
… bonds maturing on 20 April 2029 ( Bonds ) to institutional and New Zealand retail investors. It is expected that full … LGFA has appointed Bank of New Zealand as the Arranger and a Joint Lead Manager and ANZ Bank New Zealand Limited and Westpac Banking …NewsLGFA Considers Bond Offer
… bonds maturing on 15 April 2026 (Bonds) to institutional and New Zealand retail investors. LGFA will hold a global … LGFA has appointed Bank of New Zealand as the Arranger and a Joint Lead Manager and ANZ Bank New Zealand Limited, Commonwealth Bank of …NewsLGFA fixed rate bond offer: Bookbuild update 2
… a maturity date of 15 May 2031 (Bonds) to institutional and New Zealand retail investors, with the ability to accept … NZ$100 million of Bonds reserved for subscription by LGFA and NZ$135 million trading interest from the Joint Lead … per annum. Bookbuild orders at revised Indicative Margin and minimum issue size As at 9.10 am NZT in excess of NZ$570 …NewsLGFA fixed rate bond offers: Bookbuild update 2
… Limited (LGFA) has capped the issue size at NZ$600 million and intends to issue the capped amount. Indicative Margin: … LGFA has capped the issue size at NZ$800 million and intends to issue the capped amount. Indicative Margin: … bookbuild update relates to LGFA's offers to institutional and New Zealand retail investors of the above existing series …NewsLGFA considers bond offer
… LGFA considers bond offer and cancels 2 October 2024 tender 30 September 2024 New … May 2032 ( Sustainable Financing Bonds ) to institutional and New Zealand retail investors. It is anticipated that … 48 123 123 124) (acting through its New Zealand branch) and Westpac Banking Corporation (ABN 33 007 457 141) (acting …NewsLGFA Shareholder Borrower Day 2023
… on Thursday 20 th July. Thanks to the 100 plus in person and virtual attendees from councils across the country as we discussed the economic and market outlook, Designing Certainty into the … Pipeline, Affordable Waters Reform, Sustainability and where LGFA has come from and where we are heading. …NewsLGFA Credit Ratings Affirmed by S&P Global Ratings AA+/AAA (Stable Outlook) with Improved Stand-Alone Credit Profile
… Funding Agency (“LGFA”) at 'AA+' foreign-currency and 'AAA' local-currency and affirmed the short-term ratings at 'A-1+'. All credit … position as a source of financing for councils with strong risk management and an extremely high likelihood that …NewsLGFA SOI 2024-27 and Forecast Borrowing Programme
… the strategic priorities, objectives, performance targets and financial forecasts for the organisation. As part of the … to utilise a mix of financing sources including NZD bonds and bills and foreign currency denominated bonds and ECP ENDS Released …News