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Filter search resultsLGFA Fixed Term Intern Opportunity
… was enabled under the Local Government Borrowing Act 2011 and was incorporated on 1 December 2011. LGFA is owned by thirty Councils and the Crown and is a Council Controlled Organisation (CCO) operating …NewsUpdate on Local Water Done Well and Additional Financing for High Growth Councils
… 08 August 2024 UPDATE ON LOCAL WATER DONE WELL AND ADDITIONAL FINANCING FOR HIGH GROWTH COUNCILS New Zealand … been working alongside Central Government, the Treasury and Department of Internal Affairs regarding financing … organisations [1] established under Local Water Done Well and look to assist high growth councils with additional …News2022 Taituarā Local Government Excellence Awards winners
… 2022 , (the second year that LGFA has sponsored top award, and the eighth year LGFA have supported the Excellence … Association, the five iwi of Far North’s Te Hiku region and the wider community was announced as the Supreme Award … The purpose of the porject is to create employment in, and enhance the vibrancy of, three of New Zealand’s most …NewsWellington City Council and Tauranga City Council approved for Climate Action Loans (CALs)
… its Climate Action Loan Lending Programme for council and council-controlled organisations (CCO) members on 1st December 2022, and is now pleased to announce that Wellington City Council (WCC) and Tauranga City Council (TCC) have been approved as the …NewsLGFA undertakes GSS Loan to Hutt City Council for New Zealand’s first Green Star rated swimming pool
… up to NZ$41 million for the rebuild of the Naenae Pool and Fitness Centre . The new swimming pool will be 65% bigger than the old pool and will be much more energy efficient with up to 53% … on energy use. Due to open in July 2024, the Naenae Pool and Fitness Centre will have the following sustainability …NewsNews: LGFA aims to arrange $1b in debt
… (LGFA) has been awarded an AA+ credit rating by both Fitch and Standard & Poor’s, on a par with the sovereign rating, and stronger than any of the banks operating in New Zealand. … because of concerns the council wold be exposed to the risk of a default. Over the next two weeks the LGFA will …NewsLGFA Director Appointment
… company director, board Chair, company executive and professional civil engineer, who has held a number of leadership positions in the transport, infrastructure and energy sectors. She has more than 30 years of experience in the planning, development and implementation of large engineering and technical …NewsLGFA approve GSS Loan to Tauranga City Council
… Loan to Tauranga City Council (TCC) under its “Terrestrial and Aquatic Biodiversity Conservation” category. LGFA … The is the first GSS loan under LGFA’s Terrestrial and Aquatic Biodiversity Conservation category, and TCC is borrowing up to $10.3 million to finance the work …NewsLGFA launches Climate Action Loans for Councils and CCOs
… of its Climate Action Loan Lending Programme for council and council-controlled organisation (CCO) members. LGFA … the risks inherent in climate change for both New Zealand and local councils and CCOs and wishes to support New Zealand’s shift to a …NewsLGFA Draft SOI 2020-2021 and Borrowing Programme Update
… Act 2002. This is a draft for shareholder consultation and the SOI will be finalised by 30 June 2020. A copy is … year of $2.28 billion (2021/22), $1.85 billion (2022/23) and $1.9 billion (2023/24), however the issuance volume will … including refinancing of existing borrowing by councils and (if applicable) council-controlled organisations, new …NewsLGFA undertakes first GSS Loans to New Zealand Councils
… Social & Sustainability Lending Programme for council and council controlled organisations (CCO) members on 6 th October 2021, and is now pleased to announce that our inaugural loans have been made. The Wellington City Council (WCC) and the Greater Wellington Regional Council (GWRC) have today …NewsLGFA Launch Green, Social and Sustainability Lending Programme
… Social & Sustainability Lending Programme for council and council controlled organisations (CCO) members. LGFA … the risks inherent in climate change for both New Zealand and local Councils and CCOs, and wishes to support New Zealand’s shift to a …NewsLGFA Announces Sustainable Financing Bond Framework
… As part of our commitment to assist borrower councils and council-controlled organisations (Borrowers) to fund sustainable assets and activities, and incentivise GHG emissions reductions, LGFA has …NewsLGFA Announces Sustainable Financing Bond Framework
… As part of our commitment to assist borrower councils and council-controlled organisations (Borrowers) to fund sustainable assets and activities, and incentivise GHG emissions reductions, LGFA has …NewsLGFA Cleansing Notice for Offer of 14 April 2022 Bond
… Conduct Act 2013 ("FMCA"). The main terms of the offer and the Bonds are set out in the attached Series Notice. The Bonds will form part of the same series (and will have identical rights, privileges, limitations and conditions) as LGFA's fixed rate bonds maturing on 14 …NewsLGFA considers bond offers
… particular series being considered have the maturity dates and associated NZX ticker codes set out below: a) 15 April 2024, NZX ticker code LGF100; and/or b) 15 April 2026, NZX ticker code LGF120; and/or c) 15 May 2028, NZX ticker code LGF150; and/or d) 15 …NewsLGFA launches fixed rate bond offers, cancel August tender
… 29 July 2020 LGFA launches fixed rate bond offers and cancels 13 August 2020 tender New Zealand Local … date of 15 April 2037 (2037 Bonds) to institutional and New Zealand retail investors, with the ability to accept unlimited oversubscriptions at LGFA's discretion; and b) NZ $200 million of an existing series of unsecured, …NewsAppointment to Head of Sustainability
… across the organisation both in its operations and where practical in its lending and borrowing activities. This will include implementing and … and providing ongoing support to a LGFA Sustainability Committee. In addition, he will build and maintain …NewsLGFA Undertakes First Climate Action Loans
… its Climate Action Loan Lending Programme for council and council-controlled organisations (CCO) members on 1 st December 2022, and is now pleased to announce that our inaugural loans have … been made. Auckland Council, Dunedin City Treasury Limited and Hutt City Council have become the first council and CCO …NewsLGFA Cleansing Notice for Offer of 2026 Bond
… Conduct Act 2013 ("FMCA"). The main terms of the offer and the Bonds are set out in the attached Series Notice. The Bonds will form part of the same series (and will have identical rights, privileges, limitations and conditions) as LGFA's fixed rate bonds maturing on 15 …NewsLGFA Cleansing Notice for Offer of 2031 Bond
… Conduct Act 2013 ("FMCA"). The main terms of the offer and the Bonds are set out in the attached Series Notice. The Bonds will form part of the same series (and will have identical rights, privileges, limitations and conditions) as LGFA's fixed rate bonds maturing on 15 May …NewsLGFA Future Director Appointment for 2024
… experience includes the Executive Manager Finance and Strategy (CFO) position at Ruapehu District Council and Finance Manager position at Waipā District Council. The … in corporate governance the opportunity to observe and participate in Boardroom discussions for an 18-month …NewsGreater Wellington Regional Council approved for Climate Action Loans (CALs)
… its Climate Action Loan Lending Programme for council and council-controlled organisations (CCO) members on 1st December 2022, and is now pleased to announce that Greater Wellington … Council (GWRC) has been approved as the seventh council and CCO borrower to draw down under the programme. On 21 …NewsLGFA launches fixed rate bond offers cancels October tender
… maturity date of 15 May 2028 (2028 Bonds) to institutional and New Zealand retail investors, with the ability to accept unlimited oversubscriptions at LGFA's discretion; and b) NZ$300 million unsecured, unsubordinated, fixed rate … maturity date of 15 May 2035 (2035 Bonds) to institutional and New Zealand retail investors, with the ability to accept …NewsLGFA considers bond offer, releases investor presentation
… 05 May 2021 NZX Announcement LGFA considers bond offer and releases investor presentation New Zealand Local … bonds maturing on 15 May 2031 (Bonds) to institutional and New Zealand retail investors. LGFA will hold a global … investor conference call at 3.00pm NZT on 6 May 2021 and a second global investor conference call for the United …NewsPress Release: LGFA receives INFINZ Excellence in Treasury Award
… He further acknowledged the strong support of staff and assistance from many organisations over that time, noting … the success of the agency is a positive example of Central and Local Government working together to achieve better … to reduce borrowing costs, provide longer dated lending and certainty of access to debt capital market for New …NewsPress Release: LGFA Credit Rating Affirmed by Standard and Poors' at 'AA+/A-1+'
… LGFA CREDIT RATING AFFIRMED BY STANDARD AND POORS AT 'AA+/A-1+' AND REMOVED FROM UNDER CRITERIA OBSERVATION On 23 May 2018 Standard and Poor's (S&P) published its new methodology for rating …NewsLGFA scoops a record five awards at KangaNews 2023 Awards
… KangaNews announced the results of their annual awards and LGFA is delighted to have received five awards. The … awards are based upon polling of hundreds of Australian and New Zealand market participants including issuers, investors, and intermediaries. In the sixteen-year history of the …NewsLGFA credit ratings affirmed by Fitch Ratings at AA/AA+
… appraisal of LGFA's 'Very Strong' legal status, control and oversight, 'Strong' level of historical financial support, and 'Strong' socio-political and 'Very Strong' financial implications of a potential …NewsRBNZ Media Statement: LGFA Added to Large Scale Asset Programme
… approximately 30 percent of the total LGFA debt on issue, and takes the total size of the LSAP to $33 billion over 12 months. The Reserve Bank’s Monetary Policy Committee (MPC) noted that purchases of New Zealand … role in determining interest rates faced by firms and households. As such, the Committee agreed that the …NewsLGFA credit ratings affirmed by Fitch Ratings at AA/AA+ with Outlook Positive/Stable
… at ‘AA’/ ‘AA+’ with a positive outlook (foreign currency) and stable outlook (domestic currency). See Attached Fitch … of LGFA's 'Very Strong' status regarding ownership and control, 'Strong' level of support, 'Strong' socio-political and 'Very Strong' financial implications of a potential …NewsBond Issuance Programme Update/Revised Bond Tender Schedule
… 30 June 2021 LGFA BOND ISSUANCE PROGRAMME UPDATE AND REVISED LGFA BOND TENDER SCHEDULE FOR 2021-22 FINANCIAL … YEAR Following discussions with our participating councils and completion of the three-year forecasts for the 2021-22 … June 2024 The issuance volume is however subject to change and will be determined by LGFA at the relevant time as it …News