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Filter search resultsLGFA Bond Issuance Programme Update
… Agency Limited (" LGFA ”) is expecting the issuance volume of LGFA bonds for the remaining two months of the financial year (until 30 June 2020) to be $400 million, subject to market conditions. As a result of the revised target, LGFA (NZX: LGF) advises it will hold …NewsLGFA confirms Issue Price, Interest Rate and Issuance Yield
… today that it will issue the following existing series of unsecured, unsubordinated, fixed rate bonds with the … annum Issuance Yield: 3.499% per annum, based on a Margin of 0.08% per annum as previously announced Issue/Settlement … annum Issuance Yield: 3.794% per annum, based on a Margin of 0.29% per annum as previously announced Issue/Settlement …NewsLGFA fixed rate bond offer: Bookbuild update 2
… unsubordinated, fixed rate bonds with a maturity date of 15 May 2031 (Bonds) to institutional and New Zealand … oversubscriptions at LGFA's discretion. Full details of the Bond offer are contained in the Series Notice which … out below. Bookbuild orders As at 9.10 am NZT in excess of NZ$900 million within the original indicative Margin range …NewsLGFA fixed rate bond offers: Bookbuild update 3
… code: LGF070 Bookbuild orders: As at 11:25am NZT in excess of NZ$670 million at the revised indicative Margin below … Limited (LGFA) expects to issue at least NZ$600 million of 2025 Bonds. Indicative Margin: The indicative Margin range … code: LGF110 Bookbuild orders: As at 11:25am NZT in excess of NZ$270 million at the revised indicative Margin below …NewsLGFA launches fixed rate bond offers cancels October tender
… unsubordinated, fixed rate bonds with a maturity date of 15 May 2028 (2028 Bonds) to institutional and New Zealand … unsubordinated, fixed rate bonds with a maturity date of 15 May 2035 (2035 Bonds) to institutional and New Zealand … to be 2.25% per annum. The Issuance Yield will be the sum of the Margin and the Base Rate on the Rate Set Date. The …NewsLGFA Considers Bond Offer
… Agency Limited ( LGFA ) is considering making an offer of unsecured, unsubordinated fixed rate bonds maturing on 20 … Zealand retail investors. It is expected that full details of the offer will be released the week beginning 19 August … to occur on 21 August 2019. LGFA has appointed Bank of New Zealand as the Arranger and a Joint Lead Manager and …NewsLGFA Considers Bond Offer
… considering, subject to market conditions, making an offer of unsecured, unsubordinated fixed rate bonds maturing on 15 … scheduled on 8 April 2020. LGFA has appointed Bank of New Zealand as the Arranger and a Joint Lead Manager and ANZ Bank New Zealand Limited, Commonwealth Bank of Australia (ABN 48 123 123 124) and Westpac Banking …NewsPress Release: LGFA Considers Bond Offer
… on 4 February 2019, LGFA is considering making an offer of unsecured, unsubordinated fixed rate bonds maturing on 15 … retail investors. It is expected that full details of the offer will be released the week beginning 11 March … to occur on 13 March 2019. LGFA has appointed Bank of New Zealand as the Arranger and a Joint Lead Manager and …NewsAnnouncement of LGFA Bond Repurchase Tender 1
… NZX Announcement 13 May 2025 ANNOUNCEMENT OF LGFA BOND REPURCHASE TENDER 1 New Zealand Local Government … Funding Agency Limited (NZX:LGF) announces details of Bond Repurchase Tender 1: Tender date: 14 May 2025 Offers … oversubscriptions in any maturity offered for repurchase, of up to 50 per cent of the amount offered for tender in that …NewsLGFA sustainable financing bond offer: Bookbuild update 2
… Bond) Bookbuild orders: As at 4:45pm NZT in excess of NZ$1,185 million within the prior indicative Margin range below (including NZ$100 million of Sustainable Financing Bonds reserved for subscription by … to date, LGFA expects to issue at least NZ$800 million of Sustainable Financing Bonds (including NZ$100 million of …NewsAnnouncement of LGFA Bond Repurchase Tender 9
… NZX Announcement 08 July 2025 ANNOUNCEMENT OF LGFA BOND REPURCHASE TENDER 9 New Zealand Local Government … Funding Agency Limited (NZX:LGF) announces details of Bond Repurchase Tender 9: Tender date: 09 July 2025 Offers … oversubscriptions in any maturity offered for repurchase, of up to 50 per cent of the amount offered for tender in that …NewsAnnouncement of LGFA Bond Repurchase Tender 6
… NZX Announcement 17 June 2025 ANNOUNCEMENT OF LGFA BOND REPURCHASE TENDER 6 New Zealand Local Government … Funding Agency Limited (NZX:LGF) announces details of Bond Repurchase Tender 6: Tender date: 18 June 2025 Offers … oversubscriptions in any maturity offered for repurchase, of up to 50 per cent of the amount offered for tender in that …NewsAnnouncement of LGFA Bond Repurchase Tender 5
… NZX Announcement 10 June 2025 ANNOUNCEMENT OF LGFA BOND REPURCHASE TENDER 5 New Zealand Local Government … Funding Agency Limited (NZX:LGF) announces details of Bond Repurchase Tender 5: Tender date: 11 June 2025 Offers … oversubscriptions in any maturity offered for repurchase, of up to 50 per cent of the amount offered for tender in that …NewsAnnouncement of LGFA Bond Repurchase Tender 8
… NZX Announcement 01 July 2025 ANNOUNCEMENT OF LGFA BOND REPURCHASE TENDER 8 New Zealand Local Government … Funding Agency Limited (NZX:LGF) announces details of Bond Repurchase Tender 8: Tender date: 02 July 2025 Offers … oversubscriptions in any maturity offered for repurchase, of up to 50 per cent of the amount offered for tender in that …NewsIncrease in Maximum Tranche Size/Bond Tender Schedule 2022
… billion to $2 billion. This excludes the $100 million of Treasury Stock per tranche that is allocated to LGFA and … to increase the maximum tranche size following a review of its investor base and primary and secondary market … the cap, LGFA recognises the increase in breadth and depth of the investor base and seeks to meet the needs of investors …NewsAnnouncement of LGFA Bond Repurchase Tender 4
… NZX Announcement 03 June 2025 ANNOUNCEMENT OF LGFA BOND REPURCHASE TENDER 4 New Zealand Local Government … Funding Agency Limited (NZX:LGF) announces details of Bond Repurchase Tender 4: Tender date: 04 June 2025 Offers … oversubscriptions in any maturity offered for repurchase, of up to 50 per cent of the amount offered for tender in that …NewsLGFA Quarterly Funding Update – December 2023
… NZ$500 million to NZ$5.0 billion (excluding any issuance of Treasury Stock). This reflects the higher amount of council and CCO lending by LGFA in the December 2023 quarter of NZ$1.4 billion and NZ$1.2 billion in the September 2023 …NewsAnnouncement of LGFA Bond Repurchase Tender 10
… NZX Announcement 15 July 2025 ANNOUNCEMENT OF LGFA BOND REPURCHASE TENDER 10 New Zealand Local … Funding Agency Limited (NZX:LGF) announces details of Bond Repurchase Tender 10: Tender date: 16 July 2025 … oversubscriptions in any maturity offered for repurchase, of up to 50 per cent of the amount offered for tender in that …NewsLGFA sustainable financing bond offer: Bookbuild update 1
… Bonds) Bookbuild orders: As at 2:45 pm NZT in excess of NZ$945 million within the indicative Margin below (including NZ$100 million of Sustainable Financing Bonds reserved for subscription by … to date, LGFA expects to issue at least NZ$500 million of the Sustainable Financing Bonds (including NZ$100 million …NewsLGFA sustainable financing bond offer: Bookbuild update 1
… Bonds) Bookbuild orders: As at 4.25pm NZT in excess of NZ$635 million (including NZ$150 million of Sustainable Financing Bonds reserved for subscription by … to date, LGFA expects to issue at least NZ$400 million of the Sustainable Financing Bonds (including NZ$150 million …NewsLGFA fixed rate bond offer closes
… following the successful bookbuild process for its offer of unsecured, unsubordinated, fixed rate bonds with a maturity date of 15 May 2031 (Bonds), it has set the issue size at NZ$750 million (including NZ$100 million of Bonds reserved for subscription by LGFA). As at offer …NewsShareholders Approve Change to LGFA Foundation Policy Covenant
… CHANGE TO LGFA FOUNDATION POLICY COVENANT The shareholders of the New Zealand Local Government Funding Agency Limited … local authority borrowers with a long-term credit rating of 'A' equivalent or higher. Any changes to the foundation … Local authority borrowers with a long-term credit rating of 'A' equivalent or higher are now required to maintain …NewsAnnouncement of LGFA Bond Repurchase Tender 3
… NZX Announcement 27 May 2025 ANNOUNCEMENT OF LGFA BOND REPURCHASE TENDER 3 New Zealand Local Government … Funding Agency Limited (NZX:LGF) announces details of Bond Repurchase Tender 3: Tender date: 28 May 2025 Offers … oversubscriptions in any maturity offered for repurchase, of up to 50 per cent of the amount offered for tender in that …NewsAnnouncement of LGFA Bond Repurchase Tender 2
… NZX Announcement 20 May 2025 ANNOUNCEMENT OF LGFA BOND REPURCHASE TENDER 2 New Zealand Local Government … Funding Agency Limited (NZX:LGF) announces details of Bond Repurchase Tender 2: Tender date: 21 May 2025 Offers … oversubscriptions in any maturity offered for repurchase, of up to 50 per cent of the amount offered for tender in that …NewsLGFA Announces Sustainable Financing Bond Framework
… Sustainable Financing Bond Framework (Framework). As part of our commitment to assist borrower councils and … bonds that will be notionally allocated to a pool of Sustainable Loans that meet the eligibility criteria set … The Framework follows the proceeds-based pillars of the general market standards for sustainable finance, …NewsInvestor Presentation in relation to intended bond offer
… considering, subject to market conditions, making an offer of unsecured, unsubordinated fixed rate bonds maturing on 15 … retail investors. Attached to this announcement is a copy of an investor presentation in relation to the intended … as detailed below, or their financial advisor. Indications of interest will not constitute an obligation or commitment …NewsLGFA sustainable financing bond offer: Bookbuild update 3
… Bond) Bookbuild orders: As at 10.45am NZT in excess of NZ$1,645 million within the prior indicative Margin range below (including NZ$100 million of Sustainable Financing Bonds reserved for subscription by … to date, LGFA expects to issue at least NZ$1,000 million of Sustainable Financing Bonds (including NZ$100 million of …NewsLGFA sustainable financing bond offer: Bookbuild update 2
… Bonds) Bookbuild orders: As at 8.30 am NZT in excess of NZ$870 million within the prior revised indicative Margin range below (including NZ$150 million of Sustainable Financing Bonds reserved for subscription by … to date, LGFA expects to issue at least NZ$600 million of Sustainable Financing Bonds (including NZ$150 million of …NewsLGFA Statement of Intent 2022-25
… 30 June 2022 LGFA releases the 2022-25 Statement of Intent, announces bond issuance programme for 2022-23 and … Funding Agency (LGFA) has released its Statement of Intent (“SOI”) to shareholders that covers the three-year … and financial forecasts for the organisation. As part of the financial forecasts, it is assumed the projected gross …NewsInvestor Presentation in relation to intended bond offers
… considering, subject to market conditions, making an offer of unsecured, unsubordinated fixed rate bonds maturing on 15 May 2028 (2028 Bonds) and/or an offer of unsecured, unsubordinated fixed rate bonds maturing on 15 … retail investors. Attached to this announcement is a copy of an investor presentation in relation to the potential …NewsLGFA fixed rate bond offers: Bookbuild update 1
… unsubordinated, fixed rate bonds with a maturity date of 15 May 2028 (2028 Bonds) to institutional and New Zealand … unsubordinated, fixed rate bonds with a maturity date of 15 May 2035 (2035 Bonds) to institutional and New Zealand … at LGFA's discretion, together, the 'Bonds'. Full details of the Bond offers are contained in the Series Notices for …NewsLGFA Draft SOI 2020-2021 and Borrowing Programme Update
… has released to shareholders its 2020-2021 Draft Statement of Intent (SOI) as required under the Local Government Act … Programme “The above table assumes gross issuance of LGFA bonds per year of $2.28 billion (2021/22), $1.85 billion (2022/23) and $1.9 …News