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Filter search resultsLGFA Future Director Appointment
… under the LGFA Future Directors programme, effective 1 July 2022 for a period of 18 months. Ms Furniss is … Officer for the Auckland Council Finance Division and a number of senior legal roles at Auckland Council, two London Borough Councils and at Franklin District Council. Her legal career began in a …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 …NewsNapier City Council Approved as a Climate Action Loan Borrower
… its Climate Action Loan Lending Programme for council and council-controlled organisations (CCO) members in … inventory. Climate Action Loans (CALS) are target (or incentive) based lending structures designed to encourage … Green and Social Loans (GS). As at February 2026, NZ$4.1 billion of CALs Loans have been extended to CAL borrowers. …NewsLGFA launches fixed rate bond offers cancels April tender
… 04 April 2022 LGFA launches fixed rate bond offers and cancels 11 April 2022 tender New Zealand Local … announced today that it is offering to institutional and New Zealand retail investors the following existing … April 2026 NZX ticker code: LGF120 Coupon/Interest rate: 1.50% Amount offered: NZ$100 million, with the ability to …NewsPress Release: LGFA receives INFINZ Excellence in Treasury Award
… He further acknowledged the strong support of staff and assistance from many organisations over that time, noting … the success of the agency is a positive example of Central and Local Government working together to achieve better … to reduce borrowing costs, provide longer dated lending and certainty of access to debt capital market for New …NewsPress Release: LGFA Credit Rating Affirmed by Standard and Poors' with positive outlook
… On 31 January 2019, Standard and Poor's (S&P) placed the New Zealand Government issuer … applied to the Foreign Currency credit rating of "AA/A-1+" and Local Currency credit rating of "AA+/A-1+". Following … Press Release: LGFA Credit Rating Affirmed by Standard and Poors' with positive outlook …NewsInfrastructure Holdings Ltd secure Green and Social Loan through LGFA
… company established to provide funding to both Port Nelson and Nelson Airport, has secured a Green and Social Loan through the NZ Local Government Funding … accounting for approximately 22% of Port Nelson’s Scope 1 emissions, the new crane will contribute significantly to …NewsAppointment to Head of Sustainability
… 1 May 2021 Appointment to Head of Sustainability LGFA is … across the organisation both in its operations and where practical in its lending and borrowing activities. This will include implementing and …NewsLGFA cancels 18 March 2026 tender and considers bond offers
… LGFA cancels 18 March 2026 tender and considers bond offers 16 March 2026 New Zealand Local … is considering, subject to market conditions, making one or more offers of unsecured, unsubordinated fixed rate bonds ( Bonds ), to institutional and New Zealand retail investors during March to April 2026. …NewsLGFA confirms Issue Price, Interest Rate and Issuance Yield
… Agency Limited announced today that it will issue NZ$ 1.1 billion of unsecured, unsubordinated, fixed rate bonds … All of the Bonds have been allocated to participants (or their clients) in the bookbuild process and there is no public pool. The Bonds are expected to be …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 …NewsLGFA fixed rate bond offers close
… unsubordinated, fixed rate bonds (together, the 'Bonds') and confirmed the issue size and Margin for each offer of the … Managers) Margin: 0.25% per annum Coupon/Interest Rate: 1.50% per annum 2031 Bonds Maturity Date: 15 May 2031 Issue … All of the Bonds have been allocated to participants (or their clients) in the bookbuild process and there is no …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 …NewsLGFA welcomes Waikato Waters as the first water CCO member
… South Waikato District Council, Waipa District Council, and Waitomo District Council. Waikato Waters is the first of … a potential eighteen water CCOs expected to join LGFA by 1 July 2027. Based on its Water Service Delivery Plan, … LGFA is a CCO that is owned by the New Zealand Government and thirty council shareholders and has the same AAA/AA+ …NewsNews: Over $1 billion of bonds issued
… bond tender, which brought issuance to date past the $1 billion mark ($1.055 billion of bonds now have been … 2012, but strong support from both local authorities and investors has enabled us to achieve this outcome in the … councils are now saving approximately 30 basis points and unrated councils approximately 40 basis points in …NewsLGFA fixed rate bond offers close
… the maturity dates listed below (together, the 'Bonds') and confirmed the issue size and Margin for each offer of the … received Margin: 0.29% per annum Coupon/Interest Rate: 1.50% per annum 2028 Bonds Maturity Date: 15 May 2028 Issue … All of the Bonds have been allocated to participants (or their clients) in the bookbuild process and there is no …NewsLGFA fixed rate bond offers close
… the maturity dates listed below (together, the 'Bonds') and confirmed the issue size and Margin for each offer of the … Managers) Margin: 0.56% per annum Coupon/Interest Rate: 1.50% per annum Other information The Issuance Yield and … All of the Bonds have been allocated to participants (or their clients) in the bookbuild process and there is no …NewsLGFA Considers Bond Offer
… bonds maturing on 15 April 2026 (Bonds) to institutional and New Zealand retail investors. LGFA will hold a global … LGFA has appointed Bank of New Zealand as the Arranger and a Joint Lead Manager and ANZ Bank New Zealand Limited, … by contacting a Joint Lead Manager as detailed below, or their financial advisor. Indications of interest will not …NewsLGFA fixed rate bond offers: Bookbuild update 1
… 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 fixed rate bond offers: Bookbuild update 2
… 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, … Margin range set out in the Series Notice was 0.97 – 1.04 per cent per annum. The indicative Margin has now been …NewsLGFA Bond Issuance Programme Update/Revised Bond Tender Schedule for 2020-21
… 30 June 2020 LGFA BOND ISSUANCE PROGRAMME UPDATE AND REVISED LGFA BOND TENDER SCHEDULE FOR 2020-21 FINANCIAL … YEAR Following discussions with our participating councils and completion of the three-year forecasts for the 2020-21 … on 24 April 2020. LGFA may also consider replacing one or more tenders with a syndicated offering of bonds during …NewsLGFA launches fixed rate bond offers cancels October tender
… announced today that it is offering to institutional and New Zealand retail investors the following existing … unsubordinated, fixed rate bonds with the maturity dates and NZX ticker codes listed below (together, the 'Bonds'). … April 2029 NZX ticker code: LGF110 Coupon/Interest rate: 1.50% Amount offered: NZ$150 million, with the ability to …NewsLGFA considers bond offers
… Market: a) 15 April 2026 bonds, NZX ticker code LGF120; and b) 15 May 2031 bonds, NZX ticker code LGF140, together, … conditions. LGFA will hold an investor conference call at 1:00 pm NZT on Monday, 8 April 2024. Details are outlined … by contacting a Joint Lead Manager as detailed below, or their financial advice provider. Indications of interest …NewsIncrease in Maximum Tranche Size/Bond Tender Schedule 2022
… 21 February 2022 Increase in maximum tranche size and updated LGFA bond tender schedule INCREASE IN MAXIMUM … increase the maximum tranche size on each LGFA bond from $1.75 billion to $2 billion. This excludes the $100 million of … LGFA may also consider replacing one or more tenders with a syndicated offering of bonds during …NewsMark Butcher
… the New Zealand Local Government Funding Agency effective 1 August 2014. His prior role was Treasurer at Auckland … in November 2010. Formerly he has held senior trading and sales roles across derivative, interest rate and debt products at the National Bank of New Zealand and …PersonNew Zealand Government extends and upsizes the Crown Liquidity Facility with LGFA
… Announcement 11 August 2020 New Zealand Government extends and upsizes the Crown Liquidity Facility with LGFA The Minister of Finance and LGFA have today signed an amendment to the Crown … 2021 and the Minister of Finance previously announced on 1 April 2020 the intention to extend the agreement. LGFA …NewsLGFA Sustainability Committee
… The LGFA Sustainability Committee provides advice and recommendations on sustainability issues within LGFA and its borrowing and lending activities. In 2021, LGFA established our …PageCancellation Announcement - April 2024 Syndication
… 28 March 2024 LGFA cancels 3 April 2024 tender and considers bond offers New Zealand Local … is considering, subject to market conditions, making one or more offers of unsecured, unsubordinated fixed rate bonds ( Bonds ), to institutional and New Zealand retail investors during April 2024. If LGFA …NewsHelen Robinson ONZM
… Helen is an experienced business leader locally and internationally mostly in the technology and sustainability sectors. Helen was Managing Director of … has decades of governance experience acting as Director or Chair for numerous public, private and public sector …PersonLGFA Bond Issuance Programme Update
… 24 April 2020 LGFA BOND ISSUANCE PROGRAMME UPDATE AND REVISED LGFA BOND TENDER SCHEDULE 2020 Following … of $2.6 billion. The issuance volume is subject to change and market conditions and will be determined by LGFA at the relevant time as it …NewsGovernance
… structure comprises the New Zealand Government (20%) and thirty councils (80%), the LGFA Shareholders Council and the LGFA Board of Directors. 31 Shareholders , comprising the New Zealand Government (20%) and thirty councils (80%). LGFA Shareholder's Council , …PageNew Zealand Government Commits to Extend LGFA Liquidity Facility
… NZX Announcement 1 April 2020 New Zealand Government commitment to extending … established in December 2011 between Central Government and LGFA under the Local Government Borrowing Act (2011) and provides LGFA with the ability to borrow up to $1 billion …News