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  • Press 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 …
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  • LGFA 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 …
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  • LGFA 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 …
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  • LGFA 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 …
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  • LGFA 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 …
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  • Wellington 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 …
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  • LGFA financing to local government for water services – December 2024 update to councils

    … In late October 2024, LGFA wrote to the Mayors and CEOs of councils to outline our involvement in the Local Water … has engaged with councils, their advisers, the Department of Internal Affairs (“DIA”), Crown Infrastructure Partners, … how LGFA can support councils.  Following the introduction of the third piece of legislation in December, LGFA have …
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  • Announcement of LGFA Bond Tender 84

    … NZX Announcement 06 September 2021 ANNOUNCEMENT OF LGFA BOND TENDER 84 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 84: Tender date: 08 September 2021 Bids open … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
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  • Announcement of LGFA Bond Tender 85

    … NZX Announcement 08 November 2021 ANNOUNCEMENT OF LGFA BOND TENDER 85 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 85: Tender date: 10 November 2021 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
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  • Announcement of LGFA Bond Tender 73

    … NZX Announcement 06 July 2020 ANNOUNCEMENT OF LGFA BOND TENDER 73 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 73: Tender date: 08 July 2020 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
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  • LGFA Notification of Allotment of Securities - Syndication

    … NZX Announcement  LGFA Notification of allotment of securities  Pursuant to Listing Rule 7.12.1, New Zealand … LGFA Notification of Allotment of Securities - Syndication …
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  • Announcement of LGFA Bond Tender 91

    … NZX Announcement 04 July 2022 ANNOUNCEMENT OF LGFA BOND TENDER 91 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 91: Tender date: 06 July 2022 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
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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 April 2026 (Bonds), it has set the issue size at NZ$ … and Issue/Settlement Price will be announced shortly. All of the Bonds have been allocated to participants (or their …
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  • LGFA Quarterly Funding Update – December 2022

    … Programme Update when we release our Draft Statement of Intent by the end of February 2023. ENDS Released on behalf of NZ Local …
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  • Announcement of LGFA Bond Tender 101

    … NZX Announcement 07 August 2023 ANNOUNCEMENT OF LGFA BOND TENDER 101 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 101: Tender date: 09 August 2023 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
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  • LGFA approves the first GS Loan under the Renewable Energy category

    … organisation who runs the New Plymouth Airport on behalf of New Plymouth District Council, is in the final stages of completing the 10.02MW solar farm on Airport Drive, New … The solar farm will generate approximately 14.72 GWh of electricity per year, avoiding approximately 1490 tCO2e …
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  • Updated List of LGFA Guarantors

    … 06 November 2024 Please find attached an updated list of LGFA guarantors as at 06 November 2024. Hauraki District Council have been assigned a credit rating of 'AA-' with a Stable Outlook by Fitch Ratings.   ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
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  • Updated List of LGFA Guarantors

    … 15 July 2026 Please find attached an updated list of LGFA guarantors as at 15 July 2026. S&P Global Ratings yesterday downgraded Western Bay of Plenty District Council from AA to AA- with a stable outlook. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
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  • LGFA fixed rate bond offer: Bookbuild update 1

    … 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 4.00 pm NZT in excess of NZ$630 million within the indicative Margin range below …
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  • Notification of Allotment of Securities - Tender 65

    … NZX Announcement  Notification of allotment of securities - Tender 65 Pursuant to Listing Rule 7.12.1, … Notification of Allotment of Securities - Tender 65 …
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  • Updated List of LGFA Guarantors

    … 29 June 2022 Please find attached an updated list of LGFA guarantors as at 29 June 2022. Horowhenua District Council have been assigned a credit rating of AA- with a stable outlook by S&P Global Ratings. They were … rated as A+ with a stable outlook. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
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  • Announcement of LGFA Bond Tender 62

    … NZX MAP Announcement  08 February 2019  ANNOUNCEMENT OF LGFA BOND TENDER 62  New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 62:  Tender date: 12 February 2019  Bids open … the relevant series notice.  ENDS  Released on behalf of NZ Local Government Funding Agency Limited by Mark …
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  • Announcement of LGFA Bond Tender 74

    … NZX Announcement 07 September 2020 ANNOUNCEMENT OF LGFA BOND TENDER 74 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 74: Tender date: 09 September 2020 Bids open … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
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  • Updated List of LGFA Guarantors

    … 01 July 2025 Please find attached an updated list of LGFA guarantors as at 01 July 2025. Gore District Council have been assigned a credit rating of 'AA-' with a Stable Outlook by Fitch Ratings. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
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  • Announcement of LGFA Bond Tender 92

    … NZX Announcement 08 August 2022 ANNOUNCEMENT OF LGFA BOND TENDER 92 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 92: Tender date: 10 August 2022 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
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  • LGFA Notification of Allotment of Securities - Tender 62

    … NZX Announcement  Notification of allotment of securities - Tender 62  Pursuant to Listing Rule 7.12.1, … LGFA Notification of Allotment of Securities - Tender 62 …
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  • Updated List of LGFA Guarantors

    … 26 June 2024 Please find attached an updated list of LGFA guarantors as at 26 June 2024. Bay of Plenty Regional Council have had their credit rating … rated "AA" with a stable outlook. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
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  • LGFA Credit Ratings Affirmed by S&P Global Ratings AA+/AAA (Stable Outlook) with Improved Stand-Alone Credit Profile

    … reflecting improved access to capital markets, dilution of borrower concentration and a growing capital base. S&P … note that LGFA has a dominant market position as a source of financing for councils with strong risk management and an … would be forthcoming in a stress scenario. A copy of the S&P Research Update is available below     ENDS …
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  • Announcement of LGFA Bond Tender 79

    … NZX Announcement 08 March 2021 ANNOUNCEMENT OF LGFA BOND TENDER 79 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 79: Tender date: 10 March 2021 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
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  • Announcement of LGFA Bond Tender 105

    … NZX Announcement 19 January 2024 ANNOUNCEMENT OF LGFA BOND TENDER 105 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 105: Tender date: 24 January 2024 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
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  • Press Release: 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 April 2024 (Bonds), it has set the issue size at … and Issue/Settlement Price will be announced shortly. All of the Bonds have been allocated to participants (or their …
    News
  • LGFA Amendments to Foundation Policies

    … during its annual meeting on 21 November 2019. A copy of the amended foundation policies is  attached. The … treasury policy limits given the increase in the size of LGFA's balance sheet; • permitting LGFA to lend money … the amended foundation policy, as at the date of this announcement: • LGFA only lends to local authorities …
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