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Filter search resultsLGFA launches fixed rate bond offers cancels April tender
… of up to a further NZ$130 million at LGFA's discretion Indicative Margin Range: 0.08% to 0.11% per … the ability to accept unlimited oversubscriptions at LGFA's discretion Indicative Margin Range: 0.27% to 0.30% per annum 2028 Bonds Maturity Date: 15 May 2028 NZX …NewsGuarantee arrangements
… LGFA's debt obligations are guaranteed by its council shareholders … the arrangement but only after: All the exiting council’s borrowings are repaid. All the LGFA’s borrowings, current at the time the council notifies of its …PageSustainability
… outcomes for local communities. LGFA supports New Zealand’s contribution to meeting the United Nations’ Sustainable … its members’ core investment into improving New Zealand’s infrastructure and services to residents and visitors. By … these investments form an important element of LGFA’s sustainability context. LGFA is committed to assist …PageLGFA Launch Green, Social and Sustainability Lending Programme
… local Councils and CCOs, and wishes to support New Zealand’s shift to a low-carbon economy. LGFA also recognises it has a role to play in New Zealand’s contribution to meeting the United Nations' Sustainable … GSS Loans will be documented as debt securities under LGFA's existing Multi-Issuer Deed, For more information please …NewsNews: Over $1 billion of bonds issued
… LGFA's Chief Executive, Mr Philip Combes welcomed the settlement this week of LGFA's sixth bond tender, which brought issuance to date past the … that AA rated councils are now saving approximately 30 basis points and unrated councils approximately 40 basis …NewsPress Release: LGFA Placed on Credit Observation by Standard and Poors'
… Today S&P have published its new methodology for rating non-US … on methodology “under criteria observation”. As a result S&P have placed the short and long term credit ratings of ten … the conclusion of the review under the changed criteria. S&P expect the review of ratings as a result of the new …NewsInvestor Presentation in relation to intended bond offers
… investor presentation in relation to the potential offer(s). LGFA will hold a global investor conference call at … below. Investors can register their interest in the offer(s) by contacting the Joint Lead Managers as detailed below, … currently be made. If LGFA offers any Bonds, the offer(s) will be made in accordance with the Financial Markets …NewsLGFA launches fixed rate bond offers, cancel August tender
… the ability to accept unlimited oversubscriptions at LGFA's discretion; and b) NZ $200 million of an existing series of … into account the Issuance Yield, on the Rate Set Date (30 July 2020). LGFA expects the Coupon/Interest Rate to be … Set Date. The Margin will be set following a bookbuild on 30 July 2020. The Coupon/Interest Rate, Issuance Yield, …NewsSustainability at LGFA
… as well as being a good employer. One of LGFA’s foundation objectives is to Exhibit a sense of social and … in climate change for councils and supports New Zealand’s shift to a low-carbon economy. LGFA will exhibit a sense of … and cost consciousness are the cornerstones of LGFA’s culture, which lay the foundation for our business to be …PageLGFA Announces Sustainable Financing Bond Framework
… LGFA has developed the Framework to: recognise LGFA’s commitment to support Borrowers to fund sustainable assets … are notionally allocated to the Sustainable Loans on LGFA’s balance sheet; and advance the market for sustainable … namely the International Capital Markets Association's Green Bond Principles (GBP), Social Bond Principles (SBP), …NewsLGFA Announces Sustainable Financing Bond Framework
… LGFA has developed the Framework to: recognise LGFA’s commitment to support Borrowers to fund sustainable assets … are notionally allocated to the Sustainable Loans on LGFA’s balance sheet; and advance the market for sustainable … namely the International Capital Markets Association's Green Bond Principles (GBP), Social Bond Principles (SBP), …NewsGreater Wellington Regional Council approved for Climate Action Loans (CALs)
… operations and regional outcomes. Greater Wellington’s Executive Leadership Team signed off its Organisational … be ‘carbon neutral’ (net-zero total emissions) from FY2029/30; To be ‘climate positive’ (net emissions reduced by more … gross Scope 1 & 2 (Category 1 & 2) GHG emissions in FY2029/30; Achieve a 65% reduction in gross Scope 1 & 2 (Category 1 …NewsPress Release: Highlighting Recent Achievements December 2012
… to welcome our 12 new shareholders who joined us on 30 November 2012. They are: Gisborne District Council Hauraki … the total number of shareholders in LGFA to 31, comprising 30 participating councils and the New Zealand Government. It … the year held on 12 December. That tender increased LGFA’s bond outstandings to over $1.5 billion. This represents a …NewsLGFA credit ratings affirmed by Fitch Ratings at AA/AA+
… Rating Criteria. This reflects their appraisal of LGFA's 'Very Strong' status regarding ownership and control, … a potential default. Consequently Fitch has equalised LGFA's ratings with those of the New Zealand sovereign …NewsLGFA’s Carbon Footprint
… as well as management plans to reduce our company’s emissions. Where LGFA are unable to eliminate emissions, … Our first target is cutting per employee emissions by 30% by 2030, compared with a 2018/19 base year. We have also … our certification at the Toitū Envirocare website. … LGFA’s Carbon Footprint …PageLGFA fixed rate bond offers: Bookbuild update 2
… the ability to accept unlimited oversubscriptions at LGFA's discretion; and b) NZ$300 million unsecured, … the ability to accept unlimited oversubscriptions at LGFA's discretion, together, the 'Bonds'. Full details of the Bond …NewsLGFA launches fixed rate bond offers cancels October tender
… the ability to accept unlimited oversubscriptions at LGFA's discretion Indicative Margin Range: 0.27% to 0.30% per annum 2029 Bonds Maturity Date: 20 April 2029 NZX … 2023 tender, currently scheduled for the week commencing 30 January 2023. Full details of the Bond offers are …NewsPress Release: Standard & Poor’s Ratings Services affirms LGFA Credit Rating at AA+ / A-1+ with Stable Outlook
… Standard and Poor's Rating Report has been released, New Zealand Local … Affirmed; Outlook Stable. … Press Release: Standard & Poor’s Ratings Services affirms LGFA Credit Rating at AA+ / A-1+ …NewsLGFA launches fixed rate bond offers cancels October tender
… the ability to accept unlimited oversubscriptions at LGFA's discretion; and b) NZ$300 million unsecured, … the ability to accept unlimited oversubscriptions at LGFA's discretion, together, the 'Bonds'. 2028 Bonds The …NewsStandard and Poor's Rating Report - 9 November 2015
… The Standard and Poor's Rating Report has been released View Here >> … Standard and Poor's Rating Report - 9 November 2015 …NewsSustainable Financing Bonds
… Financing Bond Framework (“Framework”) to: recognise LGFA’s commitment to support council and CCO borrowers to fund … are notionally allocated to the Sustainable Loans on LGFA’s balance sheet; and advance the market for sustainable …PageLGFA launches fixed rate bond offers
… the ability to accept unlimited oversubscriptions at LGFA's discretion Indicative Margin Range: 0.25% to 0.27% per … the ability to accept unlimited oversubscriptions at LGFA's discretion Indicative Margin Range: 0.73% to 0.76% per …NewsLGFA Cleansing Notice for Offer of 2026 Bond
… rights, privileges, limitations and conditions) as LGFA's fixed rate bonds maturing on 15 April 2026 with an interest … for the interest rate and/or maturity date) as LGFA's: (i) fixed rate bonds maturing on 15 April 2027, which are …NewsLGFA fixed rate bond offers: Bookbuild update 2
… NZX Announcement 30 July 2020 LGFA fixed rate bond offers: Bookbuild update 2 … the ability to accept unlimited oversubscriptions at LGFA's discretion; and b) NZ$200 million of an existing series of … per cent per annum. Closing Date Bids due by 2pm NZT, 30 July 2020. ISIN NZLGFDT016C5 2022 Bonds Bookbuild orders …NewsLGFA Announcement of Australian Investor Roadshow
… Government Funding Agency (LGFA) rated AAA (stable) by S&P Global Ratings and AA+ (stable) by Fitch Ratings has … Any potential A$ transaction is expected to be rated AA+ (S&P Global Ratings) and AA+ (Fitch Ratings). … LGFA …NewsPress Release: Appointment of New Chief Executive
… Once on board, Mark is looking forward to building on LGFA’s impressive start as New Zealand’s first and only semi-government issuer. Contacts : Craig …NewsLGFA Announcement of Mandate for a 7-year A$ Kangaroo Bond Issue
… Funding Agency Limited (LGFA) rated AAA (stable) by S&P and AA+ (stable) by Fitch has mandated ANZ, CBA, UBS and … Any potential A$ transaction is expected to be rated AA+ (S&P) and AA+ (Fitch). LGFA undertook its debut 5-year A$1 …NewsGlobal Reporting Initiative
… the assessments and decisions of our stakeholders. LGFA’s materiality issues were determined with the assistance of … to our business and key stakeholders. This year, LGFA’s material issues have been updated to reflect our increasing …PageLGFA fixed rate bond offers: Bookbuild update 3
… the ability to accept unlimited oversubscriptions at LGFA's discretion; and b) NZ$300 million unsecured, … the ability to accept unlimited oversubscriptions at LGFA's discretion, together, the 'Bonds'. Full details of the Bond …NewsLGFA fixed rate bond offers: Bookbuild update 1
… the ability to accept unlimited oversubscriptions at LGFA's discretion; and b) NZ$300 million unsecured, … the ability to accept unlimited oversubscriptions at LGFA's discretion, together, the 'Bonds'. Full details of the Bond …NewsLGFA launches fixed rate bond offers
… the ability to accept unlimited oversubscriptions at LGFA's discretion Indicative Margin Range: 0.15% to 0.17% per … the ability to accept unlimited oversubscriptions at LGFA's discretion Indicative Margin Range: 0.68% to 0.72% per … via NZX shortly thereafter. The offers will close at 11:30 am on 7 September 2023, with the Bonds expected to be …NewsRBNZ Media Statement: LGFA Added to Large Scale Asset Programme
… Purchase programme (LSAP). This represents approximately 30 percent of the total LGFA debt on issue, and takes the … the LSAP to $33 billion over 12 months. The Reserve Bank’s Monetary Policy Committee (MPC) noted that purchases of New … provide stability and retain confidence in New Zealand’s capital market. The Crown has agreed to extend and increase …News