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Filter search resultsLGFA 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 …NewsPress Release: LGFA Credit Rating Affirmed by Standard and Poors' with positive outlook
… On 31 January 2019, Standard and Poor's (S&P) placed the New Zealand Government issuer … applied to the Foreign Currency credit rating of "AA/A-1+" and Local Currency credit rating of "AA+/A-1+". Following … The LGFA Foreign Currency credit rating of "AA/A-1+" and Local Currency rating of "AA+/A-1+" have been affirmed by …NewsLGFA Quarterly Funding Update to Investors and Revised FY26 Borrowing Programme – March 2026
… 16 April 2026 LGFA Quarterly Funding Update to Investors and Revised FY26 Borrowing Programme – March 2026 Due to our high levels of liquidity and less than expected council borrowing in the nine-month … dated funding for the nine-month period to 31 March 2026 and a further NZ$1.81 billion since 31 March 2026. To …NewsCredit Rating Outlook Revised to Negative by Fitch Ratings
… Zealand sovereign credit rating to Negative from Stable and affirmed the New Zealand sovereign credit rating as AA+. … Entities (GRE) Rating Criteria, LGFA is a GRE and is credit-linked to the New Zealand sovereign. LGFA's … the New Zealand Government's significant responsibility and incentive to provide financial support, given the LGFA's …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 … LGFA SOI 2024-27 and Forecast Borrowing Programme …NewsLGFA Credit Rating Affirmed by S&P Global Ratings
… affirmed the LGFA Local Currency rating of "AA+/A-1+" and LGFA Foreign Currency credit rating of "AA/A-1+" and both ratings remain on positive outlook. S&P Global … by new Zealand’s excellent institutional settings and wealth economy, as well as LGFA’s dominant market …NewsPress Release: LGFA Welcomes New Manager, Credit and Client Relations
… New Manager, Credit and Client Relations, Andrew Michl, started 11 June at LGFA. Andrew joined LGFA as Manager, Credit and Client Relations on 11 June 2012. Andrew was previously … at OnePath. His primary responsibility was analysing and investing in high quality corporate bonds and local …NewsLGFA SOI 2025-28 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 … LGFA SOI 2025-28 and Forecast Borrowing Programme …NewsLGFA approves the first GS Loan under the Renewable Energy category
… under New Zealand Local Government Funding Agency’s Green and Social Loan Renewable Energy Category. Papa Rererangi i … the airport terminal building, EV charging stations, and other airport-related users. The second half will sell … This is a key step in Papa Rererangi i Puketapu and New Plymouth District Council’s efforts to manage and …NewsLGFA Statement of Intent 2022-25
… of Intent, announces bond issuance programme for 2022-23 and increase in individual bond maturity cap The New Zealand … website: https://www.lgfa.co.nz/investors/annual-reports-and-statement-intent Bond issuance programme The SOI includes … the strategic priorities, objectives, performance targets and financial forecasts for the organisation. As part of the …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 2023-26 and Forecast Borrowing Programme
… of Intent, announces bond issuance programme for 2023-24 and increase in individual bond maturity cap. Statement of … the strategic priorities, objectives, performance targets and financial forecasts for the organisation. As part of the … billion to $3.0 billion. The decision reflects the breadth and depth of the current LGFA investor base and current …NewsLGFA Cleansing Notice for Offer of 2030 Bond
… Conduct Act 2013 ("FMCA"). The main terms of the offer and the Bonds are set out in the attached Series Notice. The … Financing Bonds will form part of the same series (and will have identical rights, privileges, limitations and conditions) as LGFA's fixed rate sustainable financing …NewsLGFA Cleansing Notice for Offer of 2032 Bond
… Conduct Act 2013 (" FMCA "). 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 and/or maturity date) as LGFA's fixed rate sustainable …NewsLGFA confirms Issue Price, Interest Rate and Issuance Yield
… fixed rate bonds maturing 15 May 2028 (2028 Bonds); and b) NZ$500 million of unsecured, unsubordinated, fixed … participants (or their clients) in the bookbuild process and there is no public pool. The Bonds are expected to be … on 19 October 2021 under the ticker code LGF160. Arranger and Joint Lead Manager BNZ Phone: 0800 284 017 Joint Lead …NewsLGFA sustainable financing bond offer closes
… Financing Bondsreserved for subscription by LGFA and NZ$242 million trading interest from the Joint Lead … 0.61% per annum The Issuance Yield, Coupon/Interest Rate and Issue/Settlement Price for the Sustainable Financing … participants (or their clients) in the bookbuild process and there is no public pool. The Sustainable Financing Bonds …NewsLGFA sustainable financing bond offer: Bookbuild update 1
… Financing Bonds reserved for subscription by LGFA and NZ$176 million trading interest from the Joint Lead … bookbuild update relates to LGFA's offer to institutional and New Zealand retail investors of the above series of … on 11 April 2023. Arranger, Sustainability Coordinator and Joint Lead Manager Westpac Banking Corporation Phone: …NewsLGFA confirms Issue Price, Interest Rate and Issuance Yield
… 12 October 2022 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 Bonds are expected to be … the NZX Debt Market under the ticker code LGF110. Arranger and Joint Lead Manager BNZ Phone: 0800 284 017 Joint Lead …NewsInvestor Presentation in relation to intended bond offers
… fixed rate bonds maturing on 15 April 2037 (2037 Bonds) and an offer of an existing series of unsecured, … together with the 2037 Bonds, the Bonds), to institutional and New Zealand retail investors. Attached to this … commitment of any kind. No money is currently being sought and applications for the Bonds cannot currently be made. If …NewsLGFA sustainable financing bond offer: Bookbuild update 2
… Financing Bonds reserved for subscription by LGFA and NZ$176 million trading interest from the Joint Lead … bookbuild update relates to LGFA's offer to institutional and New Zealand retail investors of the above series of … on 11 April 2023. Arranger, Sustainability Coordinator and Joint Lead Manager Westpac Banking Corporation Phone: …NewsNews: Over $1 billion of bonds issued
… 2012, but strong support from both local authorities and investors has enabled us to achieve this outcome in the … councils are now saving approximately 30 basis points and unrated councils approximately 40 basis points in … far to the local government sector of between $3 million and $4 million per annum. Mr Craig Stobo, Chairman of LGFA …News