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Filter search resultsPress Release: LGFA contemplating issuing a new April 2025 bond in upcoming 15 June 2016 LGFA bond tender
… Funding Agency (LGFA) is contemplating the issuance of a new 15 April 2025 bond (2025 Bond) in the next LGFA bond … on Monday 13th June 2016 via the standard announcement of tender details that is made two days prior to a tender. A … Bond will constitute direct, unsecured debt obligations of LGFA. Further information in relation to the 2025 Bond …NewsLGFA Quarterly Investor Update
… at $3.0 billion. Given that LGFA has issued $2.3 billion of LGFA bonds in the nine month period to 31 March 2021, it … June quarter but may take the opportunity to prefund part of the 2021-22 requirement if market conditions are suitable. … 2024 financial years were announced to the market as part of the Draft SOI on 27 February 2021 and will be updated in …NewsRBNZ - Offer to purchase Local Government Funding Agency bonds
… following statement has been released by the Reserve Bank of New Zealand today. The Reserve Bank is offering to … market functioning. This complements the activities of the Reserve Bank to provide liquidity and support the functioning of the New Zealand government bond market, through the …NewsFitch Revise LGFA Long Term Foreign Currency Outlook
… Long-Term Foreign-Currency Issuer Default Rating (IDR) of “AA” to Positive from Stable. Following the change to … have today placed the “AA” Long Term Foreign Currency IDR of LGFA on Positive Outlook. This reflects the strong credit … There is no change to the Long-Term Local-Currency IDR of “AA+” with Stable Outlook for either the New Zealand …NewsNew Zealand Government extends and upsizes the Crown Liquidity Facility with LGFA
… the Crown Liquidity Facility with LGFA The Minister of Finance and LGFA have today signed an amendment to the Crown Liquidity Facility that extends the term of the facility to 31 December 2031 (from 31 December 2021) and increases the size of the facility to NZD1.5 billion (from NZD1 billion). The …NewsPress Release: LGFA confirms Issue/Settlement Price, Coupon/Interest Rate and Issuance Yield
… announced today that it will issue NZ$ 1,000,000,000 of unsecured, unsubordinated, fixed rate bonds maturing 15 … Bonds has been set at 2.32% per annum, based on a Margin of 0.34% per annum as previously announced. The Issue/Settlement Price (which includes 151 days of accrued interest) has been determined (using the formula …NewsIncrease and extension to the Crown Liquidity Facility
… NZX Announcement 31 October 2025 The Minister of Finance has today announced the completion of an increase and extension of the term to the Crown Liquidity Facility for LGFA. The …NewsLGFA sustainable financing bond offer closes
… following the successful bookbuild process for its offer of the following unsecured, unsubordinated fixed rate … As at offer close at 1pm NZT, bookbuild orders in excess of NZ$1,620 million at the Margin of 0.61% per annum were received (including NZ$100 million of …NewsLGFA confirms Issue Price, Interest Rate and Issuance Yield
… announced today that it will issue: a) NZ$800 million of unsecured, unsubordinated, fixed rate bonds maturing 15 May 2028 (2028 Bonds); and b) NZ$500 million of unsecured, unsubordinated, fixed rate bonds maturing 15 … Bonds has been set at 2.359% per annum, based on a Margin of 0.25% per annum as previously announced. The …NewsLGFA Credit Ratings affirmed by Fitch Ratings at AA+ (Outlook Stable)
… the agency’s key policy role in providing the majority of local government financing. LGFA’s ratings are equalised … also reflects the strong underlying credit quality of LGFA's council shareholders and borrowers, the majority of which guarantee LGFA's debt obligations.” A copy of the …NewsLGFA Quarterly Funding Update – September 2023
… by $300 million to $4.5 billion (excluding any issuance of Treasury Stock). This reflects the higher amount of council and CCO lending by LGFA in the September quarter of $1.22 billion and following on from June quarter council …NewsLGFA sustainable financing bond offer close
… and confirmed the issue size and Margin for the offer of the Sustainable Financing Bonds. Sustainable Financing … orders: As at offer close, bookbuild orders in excess of NZ$1,080 million at the Margin of 0.91% per annum were received (including NZ$150 million of …NewsMedia Release: LGFA to introduce a soft cap of NZD1.5 billion per bond series
… LGFA to introduce a soft cap of NZD1.5 billion per bond series: New Zealand Local … (LGFA) has traditionally followed an issuance strategy of matching similar New Zealand Government Bonds (NZGB) … NZD1 billion per LGFA bond series. Following a review of its issuance strategy, LGFA has decided to impose a soft …NewsLGFA confirms Issue Price, Interest Rate and Issuance Yield
… Limited announced today that it will issue NZ$500,000,000 of unsecured, unsubordinated, fixed rate bonds maturing 20 … Bonds has been set at 1.687% per annum, based on a Margin of 0.48% per annum as previously announced. The Issue/Settlement Price (which includes 128 days of accrued interest) has been determined (using the formula …NewsPress Release: LGFA fixed rate bond offer: Bookbuild update 1
… unsubordinated, fixed rate bonds with a maturity date of 15 April 2024 (Bonds) to institutional and New Zealand … oversubscriptions at LGFA’s discretion. Full details of the Bond offer are contained in the Series Notice which … is set out below. Bookbuild orders As at 5pm NZT in excess of NZ$650,000,000 (including NZ$50,000,000 of Bonds reserved …NewsAnnouncement of LGFA Bond Tender 76
… NZX Announcement 10 November 2020 ANNOUNCEMENT OF LGFA BOND TENDER 76 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 76: Tender date: 12 November 2020 Bids open on … April 2025 Coupon: 2.75% Amount Offered: NZD 110,000,000 (of which NZD 50,000,000 is reserved for subscription by LGFA) …NewsPress Release: LGFA fixed rate bond offer: Bookbuild update 2
… unsubordinated, fixed rate bonds with a maturity date of 15 April 2024 (Bonds) to institutional and New Zealand … oversubscriptions at LGFA’s discretion. Full details of the Bond offer are contained in the Series Notice which … set out below. Bookbuild orders As at 10am NZT in excess of NZ$900,000,000 (including NZ$50,000,000 of Bonds reserved …NewsLGFA approves third GSS Loan to Tauranga City Council
… security a secondary bund will be built at the rear of Tauranga’s reserve area adjacent to the railway line to protect the high value building assets of the CBD, without impacting the visual amenity of the reserve. The location and simple form of the rear bund …NewsPress Release: Highlighting Recent Achievements December 2012
… LGFA is pleased to announce a number of recent achievements that provide a strong platform for … Whakatane District Council This brings the total number of shareholders in LGFA to 31, comprising 30 participating … Zealand Government. It is also pleasing to note that eight of these new shareholders borrowed from us at our final bond …NewsLGFA fixed rate bond offer: Bookbuild update 1
… unsubordinated, fixed rate bonds with a maturity date of 15 April 2026 (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 4.00 pm NZT in excess of NZ$600,000,000 within the revised indicative Margin range …NewsLGFA launches fixed rate sustainable financing bond offer
… to be 4.50% per annum. The Issuance Yield will be the sum of the Margin and the Base Rate on the Rate Set Date. The … LGFA does not intend to offer any additional tranches of the Sustainable Financing Bonds until its January 2025 … expected to be quoted on the NZX Debt Market. Full details of the Sustainable Financing Bond offer is contained in the …NewsLGFA Future Director Appointment
… Directors programme, effective 1 August 2025 for a period of 18 months. Bruce is currently Deputy CEO of Hastings District Council with direct responsibilities for … to appoint Bruce as a Future Director from a shortlist of outstanding candidates. His extensive experience across …NewsLGFA launches Climate Action Loans for Councils and CCOs
… LGFA is pleased to announce the launch of its Climate Action Loan Lending Programme for council and … Loans (CALs). Offering CALs will align to LGFA’s aim of displaying leadership to the sector on sustainable lending … to access GSS loans. As at December 2022, NZ$543 million of GSS Loans have been approved by LGFA, with NZ$101 million …NewsWellington City Council and Tauranga City Council approved for Climate Action Loans (CALs)
… 57% between FY21 and FY30, and a separate target that 2/3 of their supplier emissions will have adopted science-based … in 2018 and has since then achieved a 27% reduction of Scope 1 and 2 emissions (including CCOs and wastewater … Loans (GSS). As at 4th April 2024, NZ$1,784.7 million of CALs Loans, and NZ$377.2m of GSS loans have been approved …NewsAnnouncement of LGFA Bond Tender 102
… NZX Announcement 29 September 2023 ANNOUNCEMENT OF LGFA BOND TENDER 102 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 102: Tender date: 03 October 2023 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …NewsLGFA Notification of Allotment of Securities - Tender 71
… NZX Announcement Notification of allotment of securities - Tender 71 Pursuant to Listing Rule 3.13.1, … LGFA Notification of Allotment of Securities - Tender 71 …NewsNotification of Allotment of Securities - Tender 67
… NZX Announcement Notification of allotment of securities - Tender 67 Pursuant to Listing Rule 7.12.1, … Notification of Allotment of Securities - Tender 67 …NewsUpdated List of LGFA Guarantors
… 09 December 2021 Please find attached an updated list of LGFA guarantors as at 09 December 2021: Upper Hutt City Council have been assigned a credit rating of "A+" with a negative outlook by S&P Global Ratings. They were previously unrated. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …NewsLGFA Notification of Allotment of Securities
… NZX Announcement 16 April 2020 LGFA Notification of Allotment of Securities Pursuant to Listing Rule 3.13.1, New Zealand … LGFA Notification of Allotment of Securities …NewsUpdated List of LGFA Guarantors
… 11 October 2019 Please find attached an updated list of LGFA guarantors as at 11 October 2019: Taranaki Regional … outlook. The credit rating assigned to Western Bay of Plenty District Council by S&P Global Ratings has been … with a stable ratings outlook. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …NewsUpdated List of LGFA Guarantors
… 30 May 2024 Please find attached an updated list of LGFA guarantors as at 30 May 2024 Hawke's Bay Regional Council have been assigned a rating of 'AA' with a Stable Outlook by Fitch Ratings. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …NewsAnnouncement of LGFA Bond Tender 96
… NZX Announcement 30 January 2023 ANNOUNCEMENT OF LGFA BOND TENDER 96 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 96: Tender date: 01 February 2023 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …News