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Filter search resultsLGFA 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 …NewsLGFA 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: …NewsLGFA launches fixed rate sustainable financing bond offer
… 15 May 2034 (Sustainable Financing Bonds) to institutional and New Zealand retail investors, with the ability to accept … into account the Issuance Yield, on the Rate Set Date (1 April 2026). LGFA expects the Coupon/Interest Rate to be … annum. The Issuance Yield will be the sum of the Margin and the Base Rate on the Rate Set Date. The Margin will be …NewsLGFA 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 …NewsLGFA 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 …NewsLGFA 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 …NewsLGFA launches fixed rate bond offer, cancels May tender
… 11 May 2021 LGFA launches fixed rate bond offer and cancels 12 May 2021 tender New Zealand Local Government … a maturity date of 15 May 2031 (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 …NewsLGFA launches sustainable financing bond offer
… May 2030 ( Sustainable Financing 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 … Date. The Coupon/Interest Rate, Issuance Yield, Margin and Issue/Settlement Price for the Sustainable Financing …NewsKangaNews Women in Capital Markets Roundtable
… LGFA recently sponsored and participated in the annual KangaNews Women in New Zealand … Markets Roundtable. Linda Robertson, Independent Director and Chair of our Audit and Risk Committee represented LGFA and enjoyed a timely …NewsLGFA financing to local government for water services – April 2025 Update
… In October and December 2024, we communicated to the Mayors and CEOs of councils our involvement in the Local Water Done Well (“LWDW”) programme and how we could assist councils regarding the financing of …NewsRBNZ - Offer to purchase Local Government Funding Agency bonds
… bonds in small scale for liquidity management purposes and to support market functioning. This complements the activities of the Reserve Bank to provide liquidity and support the functioning of the New Zealand government … of the NZ government bonds maturing on 15 April 2020 and 15 May 2021. Purchases will be held to maturity on the …NewsLGFA SOI 2024-27 and Forecast Borrowing Programme
… to shareholders that covers the three-year period from 1 July 2024 to 30 June 2027. The SOI is attached here Bond … the strategic priorities, objectives, performance targets and financial forecasts for the organisation. As part of the … to utilise a mix of financing sources including NZD bonds and bills and foreign currency denominated bonds and ECP ENDS …NewsShareholders Council
… five to ten appointees from the Council Shareholders and the Crown. The role of the Shareholders' Council comprises the following: Review and report performance of LGFA and the Board; Recommendations … to Shareholders as to any changes to policies, or the SOI, requiring their approval; Update Shareholders on …PagePress Release: Amendment to Operating Rules and Guidelines for LGFA Tenders
… Amendment to Operating Rules and Guidelines for LGFA Tenders The Operating Rules and Guidelines for LGFA Securities Tenders has been updated … to include the right for LGFA to alter the announcement or results timing for specific tenders. For further … Press Release: Amendment to Operating Rules and Guidelines for LGFA Tenders …NewsMinisterial Announcement Regarding Crown Liquidity Facility
… the liquidity facility. A proposal has been discussed and agreed between the Treasury and the LGFA. The Finance Minister Nicola Willis and I will shortly receive advice from the Treasury that …NewsPress Release: Fitch Rating Action Commentary - 08 November 2018
… (LGFA) senior unsecured local-currency bonds at 'AA+' and its short-term domestic debt programme at 'F1+'. The … which is a shareholder, liquidity provider and derivative counterparty to the GRE. Fitch note that the … also reflects the robust underlying credit profiles and asset quality of LGFA's other council shareholders and …NewsLGFA Statement of Intent 2022-25
… of Intent, announces bond issuance programme for 2022-23 and increase in individual bond maturity cap The New Zealand … to shareholders that covers the three-year period from 1 July 2022 to 30 June 2025. It is available here on the LGFA … website: https://www.lgfa.co.nz/investors/annual-reports-and-statement-intent Bond issuance programme The SOI includes …NewsLGFA SOI 2025-28 and Forecast Borrowing Programme
… to shareholders that covers the three-year period from 1 July 2025 to 30 June 2028. The SOI is attached here Bond … the strategic priorities, objectives, performance targets and financial forecasts for the organisation. As part of the … to utilise a mix of financing sources including NZD bonds and bills and foreign currency denominated bonds and ECP ENDS …NewsAnnouncement of LGFA Bond Tender 70
… 70: Tender date: 11 March 2020 Bids open on Yieldbroker: 1.30pm Bids close on Yieldbroker: 2.00pm Results: Available … Offered: NZD 40,000,000 No money is currently being sought and no bids for LGFA Bonds will be accepted until bids open on Yieldbroker and tender participants have received the relevant series …NewsLGFA approves third GSS Loan to Tauranga City Council
… rock revetment seawall at The Strand in Tauranga CBD and will build a secondary bund to provide additional … necessary future coastal protection to sea-level rise and incorporate living seawall elements to promote biodiversity and provide an aesthetically pleasing area for recreational …NewsLGFA SOI 2023-26 and Forecast Borrowing Programme
… of Intent, announces bond issuance programme for 2023-24 and increase in individual bond maturity cap. Statement of … to shareholders that covers the three-year period from 1 July 2023 to 30 June 2026. The SOI is attached here Bond … the strategic priorities, objectives, performance targets and financial forecasts for the organisation. As part of the …NewsLGFA fixed rate bond offer closes
… of 15 April 2026 (Bonds), it has set the issue size at NZ$ 1.1 billion. The Margin for the Bonds has been set at 0.78% per annum. The Issuance Yield, Coupon/Interest Rate and Issue/Settlement Price will be announced shortly. All of the Bonds have been allocated to participants (or their clients) in the bookbuild process and there is no …NewsInvestor Presentation in relation to intended bond offer
… bonds maturing on 15 April 2026 (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 … commitment of any kind. No money is currently being sought and applications for the Bonds cannot currently be made. If …NewsLGFA confirms Issue Price, Interest Rate and Issuance Yield
… The Coupon/Interest Rate for the Bonds has been set at 1.50% per annum. The Issuance Yield for the Bonds has been … 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 confirms Issue Price, Interest Rate and Issuance Yield
… on a Margin of 0.75% per annum Issue/Settlement Price: NZ$1.00654956 per bond as determined using the formula in the … Financing Bonds have been allocated to participants (or their clients) in the bookbuild process and there is no public pool. The Sustainable Financing Bonds …NewsPress Release: Investor Presentation in relation to intended bond offer
… in relation to intended bond offer As announced on 1 March 2019, New Zealand Local Government Funding Agency … bonds maturing on 15 April 2024 (Bonds) to institutional and New Zealand retail investors. It is expected that full … by contacting the Joint Lead Managers as detailed below, or their financial advisor. Indications of interest will not …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 … role in determining interest rates faced by firms and households. As such, the Committee agreed that the … purchase of LGFA bonds by the Bank will provide stability and retain confidence in New Zealand’s capital market. The …NewsLGFA confirms Issue Price, Interest Rate and Issuance Yield
… 02 October 2024 LGFA confirms Issue Price, Interest Rate and Issuance Yield 2 October 2024 New Zealand Local … on a Margin of 0.91% per annum Issue/Settlement Price: NZ$1.01266006 per bond as determined using the formula in the … Financing Bonds have been allocated to participants (or their clients) in the bookbuild process and there is no …NewsLGFA sustainable financing bond offer: Bookbuild update 1
… New Zealand Local Government Funding Agency Limited (LGFA) and NZ$100 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 … Bonds which was attached to the launch announcement on 1 October 2024. Joint Lead Managers ANZ Phone: 0800 269 476 …NewsLGFA sustainable financing bond offer: Bookbuild update 1
… orders: As at 2.30pm NZT firm orders in excess of NZ$1.65 billion (including NZ$150 million of Sustainable … New Zealand Local Government Funding Agency Limited (LGFA) and NZ$298 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 …NewsLGFA fixed rate bond offers: Bookbuild update 1
… LGF140 Bookbuild orders: As at 4.45pm NZT in excess of NZ$1,120 million (including NZ$175 million trading interest from … 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'). …NewsLGFA sustainable financing bond offer: Bookbuild update 3
… Bond) Bookbuild orders: As at 10.45am NZT in excess of NZ$1,645 million within the prior indicative Margin range below … Financing Bonds reserved for subscription by LGFA and NZ$254 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 …News