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Filter search resultsLGFA considers bond offer
… LGFA considers bond offer and cancels 2 October 2024 tender 30 September 2024 New … May 2032 ( Sustainable Financing Bonds ) to institutional and New Zealand retail investors. It is anticipated that … 48 123 123 124) (acting through its New Zealand branch) and Westpac Banking Corporation (ABN 33 007 457 141) (acting …NewsLGFA Quarterly Funding Update to Investors and Revised FY26 Borrowing Programme – March 2026
… 16 April 2026 LGFA Quarterly Funding Update to Investors and Revised FY26 Borrowing Programme – March 2026 Due to our high levels of liquidity and less than expected council borrowing in the nine-month … dated funding for the nine-month period to 31 March 2026 and a further NZ$1.81 billion since 31 March 2026. To …NewsLGFA approves the first GS Loan under the Renewable Energy category
… under New Zealand Local Government Funding Agency’s Green and Social Loan Renewable Energy Category. Papa Rererangi i … the airport terminal building, EV charging stations, and other airport-related users. The second half will sell … This is a key step in Papa Rererangi i Puketapu and New Plymouth District Council’s efforts to manage and …NewsLGFA Credit Rating Affirmed by S&P Global 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 … by new Zealand’s excellent institutional settings and wealth economy, as well as LGFA’s dominant market …NewsCredit ratings
… rated at AAA (domestic long term) by S&P Global Ratings and AA+ by Fitch Ratings. The foreign currency long term rating is AA+ by S&P Global Ratings and AA+ by Fitch Ratings. The domestic and foreign currency ratings are on stable outlook by S&P …PageLGFA Statement of Intent 2022-25
… of Intent, announces bond issuance programme for 2022-23 and increase in individual bond maturity cap The New Zealand … website: https://www.lgfa.co.nz/investors/annual-reports-and-statement-intent Bond issuance programme The SOI includes … the strategic priorities, objectives, performance targets and financial forecasts for the organisation. As part of the …NewsLGFA Credit Ratings Affirmed by S&P Global Ratings AA+/AAA (Stable Outlook) with Improved Stand-Alone Credit Profile
… Funding Agency (“LGFA”) at 'AA+' foreign-currency and 'AAA' local-currency and affirmed the short-term ratings at 'A-1+'. All credit … position as a source of financing for councils with strong risk management and an extremely high likelihood that …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 … The LGFA Foreign Currency credit rating of "AA/A-1+" and Local Currency rating of "AA+/A-1+" have been affirmed by …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 the …PagePress Release: LGFA Welcomes New Manager, Credit and Client Relations
… New Manager, Credit and Client Relations, Andrew Michl, started 11 June at LGFA. Andrew joined LGFA as Manager, Credit and Client Relations on 11 June 2012. Andrew was previously … at OnePath. His primary responsibility was analysing and investing in high quality corporate bonds and local …NewsBoard of Directors
… The LGFA Board comprises independent and non-independent directors, the majority of which are … The LGFA Board, is responsible for the strategic direction and control of LGFA’s activities. The Board guides and monitors the business and affairs of LGFA, in accordance …PageLGFA SOI 2024-27 and Forecast Borrowing Programme
… 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 Released … LGFA SOI 2024-27 and Forecast Borrowing Programme …NewsLGFA SOI 2025-28 and Forecast Borrowing Programme
… 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 Released … LGFA SOI 2025-28 and Forecast Borrowing Programme …NewsCredit Rating Outlook Revised to Negative by Fitch Ratings
… Zealand sovereign credit rating to Negative from Stable and affirmed the New Zealand sovereign credit rating as AA+. … Entities (GRE) Rating Criteria, LGFA is a GRE and is credit-linked to the New Zealand sovereign. LGFA's … the New Zealand Government's significant responsibility and incentive to provide financial support, given the LGFA's …NewsLGFA Shareholder Borrower Day 2023
… on Thursday 20 th July. Thanks to the 100 plus in person and virtual attendees from councils across the country as we discussed the economic and market outlook, Designing Certainty into the … Pipeline, Affordable Waters Reform, Sustainability and where LGFA has come from and where we are heading. …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 … the strategic priorities, objectives, performance targets and financial forecasts for the organisation. As part of the … billion to $3.0 billion. The decision reflects the breadth and depth of the current LGFA investor base and current …NewsLGFA Cleansing Notice for Offer of 2030 Bond
… Conduct Act 2013 ("FMCA"). The main terms of the offer and the Bonds are set out in the attached Series Notice. The … Financing Bonds will form part of the same series (and will have identical rights, privileges, limitations and conditions) as LGFA's fixed rate sustainable financing …NewsLGFA Cleansing Notice for Offer of 2032 Bond
… Conduct Act 2013 (" FMCA "). The main terms of the offer and the Sustainable Financing Bonds are set out in the … Bonds will have identical rights, privileges, limitations and conditions (except for the interest rate and/or maturity date) as LGFA's fixed rate sustainable …NewsLGFA confirms Issue Price, Interest Rate and Issuance Yield
… fixed rate bonds maturing 15 May 2028 (2028 Bonds); and b) NZ$500 million of unsecured, unsubordinated, fixed … participants (or their clients) in the bookbuild process and there is no public pool. The Bonds are expected to be … on 19 October 2021 under the ticker code LGF160. Arranger and Joint Lead Manager BNZ Phone: 0800 284 017 Joint Lead …NewsLGFA sustainable financing bond offer closes
… Financing Bondsreserved for subscription by LGFA and NZ$242 million trading interest from the Joint Lead … 0.61% per annum The Issuance Yield, Coupon/Interest Rate and Issue/Settlement Price for the Sustainable Financing … participants (or their clients) in the bookbuild process and there is no public pool. The Sustainable Financing Bonds …NewsLGFA sustainable financing bond offer: Bookbuild update 1
… 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 … on 11 April 2023. Arranger, Sustainability Coordinator and Joint Lead Manager Westpac Banking Corporation Phone: …NewsLGFA 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 … participants (or their clients) in the bookbuild process and there is no public pool. The Bonds are expected to be … the NZX Debt Market under the ticker code LGF110. Arranger and Joint Lead Manager BNZ Phone: 0800 284 017 Joint Lead …NewsInvestor 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 … commitment of any kind. No money is currently being sought and applications for the Bonds cannot currently be made. If …NewsLGFA sustainable financing bond offer: Bookbuild update 2
… 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 … on 11 April 2023. Arranger, Sustainability Coordinator and Joint Lead Manager Westpac Banking Corporation Phone: …NewsNews: Over $1 billion of bonds issued
… 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 … far to the local government sector of between $3 million and $4 million per annum. Mr Craig Stobo, Chairman of LGFA …NewsMedia Release: LGFA contemplating issuing a new April 2022 bond
… careful consideration by LGFA of its issuance strategy and current market conditions. LGFA carefully considers a … the creation of a new bond series with a new maturity and going forward intends to continue to match NZGB … NZX (at https://www.nzx.com/companies/LGF/announcements) and on our website …NewsLGFA fixed rate bond offers: Bookbuild update 1
… 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'). … are contained in the Series Notices for the 2025 Bonds and 2029 Bonds which were attached to the launch announcement …NewsPress 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 33 007 457 141) (acting …NewsLGFA fixed rate bond offers: Bookbuild update 1
… (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 …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 … 48 123 123 124) (acting through its New Zealand branch) and Westpac Banking Corporation (ABN 33 007 457 141) (acting …NewsLGFA launches fixed rate bond offer
… with a maturity date of 15 April 2026 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 … 2020. The Coupon/Interest Rate, Issuance Yield, Margin and Issue/Settlement Price will be announced by LGFA via NZX …NewsLGFA fixed rate bond offers: Bookbuild update 3
… (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 …News