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  • LGFA sustainable financing bond offer: Bookbuild update 1

    … LGFA sustainable financing bond offer: Bookbuild update 1 Sustainable Financing Bonds maturing 15 May 2030 … Financing Bonds reserved for subscription by LGFA and NZ$176 million trading interest from the Joint Lead … bookbuild update relates to LGFA's offer to institutional and New Zealand retail investors of the above series of …
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  • LGFA fixed rate bond offers close

    … offer close at 2pm NZT, bookbuild orders in excess of NZ$1,100,000,000 at the Margin of 0.97% were received; and an existing series of unsecured, unsubordinated, fixed … All of the Bonds have been allocated to participants (or their clients) in the bookbuild process and there is no …
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  • LGFA Considers Bond Offer

    … bonds maturing on 20 April 2029 ( Bonds ) to institutional and New Zealand retail investors. It is expected that full … LGFA has appointed Bank of New Zealand as the Arranger and a Joint Lead Manager and ANZ Bank New Zealand Limited and … by contacting a Joint Lead Manager as detailed below, or their financial advisor. Indications of interest will not …
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  • LGFA fixed rate bond offers: Bookbuild update 3

    … 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 …
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  • LGFA fixed rate bond offers: Bookbuild update 2

    … 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 …
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  • LGFA considers bond offer

    … LGFA considers bond offer and cancels 2 October 2024 tender      30 September 2024 New … by contacting a Joint Lead Manager as detailed below, or their financial advice provider. Indications of interest … Conference Call Monday, 30 September 2024 (4:00 pm   NZT – 1:00   pm   AEST – 11:00 am SGT/HKT – 12:00 pm   JST) To …
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  • LGFA launches fixed rate bond offer, cancels 21 Aug Tender

    … 20 August 2019    LGFA launches fixed rate bond offer and cancels 21 August 2019 tender  New Zealand Local … a maturity date of 20 April 2029 (Bonds) to institutional and New Zealand retail investors, with the ability to accept … August 2019). LGFA expects the Coupon/Interest Rate to be 1.50% per annum. The Issuance Yield will be the sum of the …
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  • LGFA fixed rate bond offers: Bookbuild update 2

    … (LGFA) announced 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'). … in the Series Notices for the 2024 Bonds, 2026 Bonds and 2028 Bonds which were attached to the launch announcement …
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  • LGFA fixed rate bond offers: Bookbuild update 4

    … (LGFA) announced 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'). … in the Series Notices for the 2024 Bonds, 2026 Bonds and 2028 Bonds which were attached to the launch announcement …
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  • LGFA Indicative Bond Tender Dates for 2019

    … has reviewed the issuance programme for calendar year 2019 and has set the following indicative dates for bond tenders and related tender settlements  View Here >>   The indicative … subject to change. LGFA may also consider replacing one or more tenders with a syndicated offering of bonds during …
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  • LGFA Credit Rating Affirmed by S&P Global Ratings

    … Ratings affirmed the LGFA Local Currency rating of "AA+/A-1+" and LGFA Foreign Currency credit rating of "AA/A-1+" and both ratings remain on positive outlook. S&P Global …
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  • Elena Trout

    … Elena is an experienced company director and a professional engineer who has held a number of leadership positions in the transport, infrastructure and energy sectors. She has over 30 years of experience in the management, planning and delivery of large projects and continues to provide …
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  • LGFA wins at Environmental Finance- Sustainable Debt Awards 2024

    … Action Loans (CAL), which incentivise councils to set and achieve 1.5°C science-based GHG emissions reduction targets and develop credible plans. Our thanks go out to all who …
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  • Press Release: Retirement of Chief Executive

    … Funding Agency (LGFA) on 30 June 2014, after two and a half years in the role. He has enjoyed the challenge of … helping to build LGFA from scratch, as the country’s first and only semi-government issuer.  Phil has described this as …  He has gained the respect of both council borrowers and domestic and global investors.  The Chairman and Board …
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  • Press Release: LGFA confirms Issue/Settlement Price, Coupon/Interest Rate and Issuance Yield

    … LGFA confirms Issue/Settlement Price, Coupon/Interest Rate and Issuance Yield New Zealand Local Government Funding … Agency Limited announced today that it will issue NZ$ 1,000,000,000 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 …
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  • Local Government Sector Climate Scenarios

    … government navigate uncertainty, stress-test decisions, and build long-term resilience. LGFA is committed to supporting councils address climate change and sustainability issues. This collaborative effort from the … of these sector climate scenarios, LGFA thanks both KPMG and the council officers who contributed their time and
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  • LGFA fixed rate bond offer: Bookbuild update 1

    … Announcement  LGFA fixed rate bond offer: Bookbuild update 1  On 20 August 2019, New Zealand Local Government Funding … a maturity date of 20 April 2029 (Bonds) to institutional and New Zealand retail investors, with the ability to accept … NZ$50,000,000 of Bonds reserved for subscription by LGFA and interest from the Joint Lead Managers)  Indicative …
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  • LGFA fixed rate bond offer: Bookbuild update 1

    … 08 April 2020 LGFA fixed rate bond offer: Bookbuild update 1 On 8 April 2020, New Zealand Local Government Funding … a maturity date of 15 April 2026 (Bonds) to institutional and New Zealand retail investors, with the ability to accept … NZ$100,000,000 of Bonds reserved for subscription by LGFA and interest from the Joint Lead Managers) Indicative Margin …
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  • LGFA fixed rate bond offers close

    … unsubordinated, fixed rate bonds (together, the 'Bonds') and confirmed the issue size and Margin for each offer of the Bonds. 2025 Bonds Maturity … All of the Bonds have been allocated to participants (or their clients) in the bookbuild process and there is no …
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  • LGFA fixed rate bond offer: Bookbuild update 3

    … a maturity date of 15 April 2026 (Bonds) to institutional and New Zealand retail investors, with the ability to accept … below. Bookbuild orders As at 11.35 am NZT in excess of NZ$1.3 billion within the revised indicative Margin below … NZ$100,000,000 of Bonds reserved for subscription by LGFA and interest from the Joint Lead Managers). Based on orders …
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  • LGFA fixed rate bond offers close

    … by LGFA) at the Margin of 0.25% per annum were received; and b) unsecured, unsubordinated, fixed rate bonds with a … 0.46% per annum. The Issuance Yield, Coupon/Interest Rate and Issue/Settlement Price for each of the 2028 Bonds and … All of the Bonds have been allocated to participants (or their clients) in the bookbuild process and there is no …
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  • LGFA confirms Issue Price, Interest Rate and Issuance Yield

    … 12 October 2022 LGFA confirms Issue Price, Interest Rate and Issuance Yield New Zealand Local Government Funding … 2029 Issue size: NZ$200 million Coupon/Interest rate: 1.50% per annum Issuance Yield: 5.219% per annum, based on a … All of the Bonds have been allocated to participants (or their clients) in the bookbuild process and there is no …
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  • Investor Presentation in relation to intended bond offers

    … fixed rate bonds maturing on 15 April 2037 (2037 Bonds) and an offer of an existing series of unsecured, … together with the 2037 Bonds, the Bonds), to institutional and New Zealand retail investors. Attached to this … by contacting the Joint Lead Managers as detailed below, or their financial advisor. Indications of interest will not …
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  • Press Release: LGFA Inaugural Bond Issue

    … in terms of relative yield, record over subscriptions and interest from a range of domestic and offshore investors. The strong result also has to be … interest from investors that were not successful today or were unable to participate. Mr Craig Stobo, Chairman of …
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  • LGFA fixed rate bond offers: Bookbuild update 1

    … October 2022 LGFA fixed rate bond offers: Bookbuild update 1 2025 Bonds (maturing 15 April 2025) NZX ticker code: LGF070 … bookbuild update relates to LGFA's offers to institutional and New Zealand retail investors of the above existing series … unsubordinated, fixed rate bonds with the maturity dates and NZX ticker codes listed above (together, the 'Bonds'). …
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  • Press Release: LGFA Considers Bond Offer

    … bonds maturing on 15 April 2024 (Bonds) to institutional and New Zealand retail investors.  It is expected that full … LGFA has appointed Bank of New Zealand as the Arranger and a Joint Lead Manager and Westpac Banking Corporation (ABN … by contacting a Joint Lead Manager as detailed below, or their financial advisor. Indications of interest will not …
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  • Press Release: LGFA launches fixed rate bond offer and cancels 13 March 2019 tender

    … LGFA launches fixed rate bond offer and cancels 13 March 2019 tender             New Zealand … a maturity date of 15 April 2024 (Bonds) to institutional and New Zealand retail investors, with the ability to accept … annum.  The Issuance Yield will be the sum of the Margin and the Base Rate on the Rate Set Date.  The Margin will be …
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  • LGFA fixed rate bond offers: Bookbuild update 2

    … Issuance Yield: Based on the revised indicative Margin and swap rate calculated as at 8:55am 12 October 2022, 5.109 … Issuance Yield: Based on the revised indicative Margin, and swap rate calculated as at 8:55am 12 October 2022, 5.164 … bookbuild update relates to LGFA's offers to institutional and New Zealand retail investors of the above existing series …
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  • LGFA fixed rate bond offers: Bookbuild update 2

    … Limited (LGFA) has capped the issue size at NZ$600 million and intends to issue the capped amount. Indicative Margin: … LGF140 Bookbuild orders: As at 8.30 am NZT in excess of NZ$1,269 million within the prior revised indicative Margin … LGFA has capped the issue size at NZ$800 million and intends to issue the capped amount. Indicative Margin: …
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  • LGFA fixed rate bond offers: Bookbuild update 3

    … Issuance Yield: Based on the revised indicative Margin, and the swap rate calculated at 11:15am on 12 October 2022, … Issuance Yield: Based on the revised indicative Margin, and the swap rate calculated at 11:15am on 12 October 2022, … bookbuild update relates to LGFA's offers to institutional and New Zealand retail investors of the above existing series …
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  • LGFA considers bond offers, cancels 6 September 2023 tender

    … Market: a) 15 April 2025 bonds, NZX ticker code LGF070; and b) 15 May 2030 sustainable financing bonds, NZX ticker … code LGF170, together, the 'Bonds', to institutional and New Zealand retail investors. It is anticipated that full … by contacting a Joint Lead Manager as detailed below, or their financial advice provider. Indications of interest …
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  • LGFA launches fixed rate bond offers

    … unsubordinated, fixed rate bonds to institutional and New Zealand retail investors (together, the 'Bonds'). … April 2026 NZX ticker code: LGF120 Coupon/Interest rate: 1.50% per annum Amount offered: NZ$150 million, with the … of Bonds, the Issuance Yield will be the sum of the Margin and the Base Rate. The Margin for each series of Bonds will …
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