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  • Announcement of LGFA Bond Tender 71

    … NZX Announcement 04 May 2020 ANNOUNCEMENT OF LGFA BOND TENDER 71 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 71: Tender date: 06 May 2020 Bids open on … April 2022 Coupon: 2.75% Amount Offered: NZD 100,000,000 (of which NZD 50,000,00 is reserved for subscription by LGFA) …
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  • Press Release: Investor Presentation in relation to intended bond offer

    … Agency Limited (LGFA) is considering making an offer of unsubordinated, unsecured fixed rate bonds maturing on 15 … retail investors.  It is expected that full details of the offer will be released in the week commencing 11 March … expected to open.  Attached to this announcement is a copy of an investor presentation in relation to the intended …
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  • LGFA fixed rate bond offers close

    … announced that it will issue the following existing series of unsecured, unsubordinated, fixed rate bonds (together, the … and confirmed the issue size and Margin for each offer of the Bonds. 2025 Bonds Maturity Date: 15 April 2025 Issue … orders: As at offer close, bookbuild orders in excess of NZ$295 million were received (including NZ$65 million …
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  • Media Release: LGFA contemplating issuing a new April 2022 bond

    … Funding Agency (LGFA) is contemplating the issuance of a new 14 April 2022 bond (2022 Bond) in the next LGFA bond … on Thursday 29th March 2018 via the standard announcement of tender details. A new 2022 Bond will allow LGFA to provide … Bond will constitute direct, unsecured debt obligations of LGFA.  The issuance of a new maturity that for the first …
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  • LGFA SOI 2023-26 and Forecast Borrowing Programme

    … NZX Announcement LGFA releases the 2023-26 Statement of Intent, announces bond issuance programme for 2023-24 and increase in individual bond maturity cap. Statement of Intent The New Zealand Local Government Funding Agency …
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  • LGFA 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 …
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  • LGFA 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 …
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  • LGFA 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 …
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  • LGFA 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 2002. … Programme “The above table assumes gross issuance of LGFA bonds per year of $2.28 billion (2021/22), $1.85 …
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  • LGFA 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 …
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  • Bond Issuance Programme Update/Revised Bond Tender Schedule

    … discussions with our participating councils and completion of the three-year forecasts for the 2021-22 Statement of Intent (“SOI”), the New Zealand Local Government Funding …
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  • LGFA 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 …
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  • LGFA Bond Issuance Programme Update/Revised Bond Tender Schedule for 2020-21

    … discussions with our participating councils and completion of the three-year forecasts for the 2020-21 Statement of Intent (“SOI”), the New Zealand Local Government Funding …
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  • LGFA 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 …
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  • Press 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 …
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  • LGFA SOI 2024-27 and Forecast Borrowing Programme

    … 25 June 2024 LGFA releases the 2024-27 Statement of Intent, announces bond issuance programme for 2024-25. Statement of Intent The New Zealand Local Government Funding Agency …
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  • LGFA 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
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  • LGFA Quarterly Funding Update - March 2024

    … NZ$300 million to NZ$5.3 billion (excluding any issuance of Treasury Stock). This reflects the higher amount of council and CCO lending from LGFA over the past three … update when we release the 2024-27 Final Statement of Intent at the end of June 2024.   ENDS Released on behalf of
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  • LGFA 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 …
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  • LGFA 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 …
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  • Shareholders 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 …
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  • Announcement 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 …
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  • Increase 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 …
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  • Announcement 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 …
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  • LGFA 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 …
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  • Announcement 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 …
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  • Announcement 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 …
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  • Announcement 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 …
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  • LGFA SOI 2025-28 and Forecast Borrowing Programme

    … 27 June 2025 LGFA releases the 2025-28 Statement of Intent, announces bond issuance programme for 2025-26. Statement of Intent The New Zealand Local Government Funding Agency …
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  • Announcement 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 …
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  • LGFA 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, …
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  • Announcement 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 …
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