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Filter search resultsLGFA fixed rate bond offer: Bookbuild update 1
… 11 May 2021 LGFA fixed rate bond offer: Bookbuild update 1 On 11 May 2021, New Zealand Local Government Funding Agency … a maturity date of 15 May 2031 (Bonds) to institutional and New Zealand retail investors, with the ability to accept … NZ$100 million of Bonds reserved for subscription by LGFA and NZ$105 million trading interest from the Joint Lead …NewsLGFA confirms Issue Price, Interest Rate and Issuance Yield
… 2026 Issue size: NZ$425 million Coupon/Interest rate: 1.50% per annum Issuance Yield: 3.794% 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 public pool. The Bonds are expected to be …NewsLGFA sustainable financing bond offer: Bookbuild update 2
… Bond) Bookbuild orders: As at 4:45pm NZT in excess of NZ$1,185 million within the prior indicative Margin range below … 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 …NewsLGFA fixed rate bond offers: Bookbuild update 1
… 2023 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'). …NewsPress Release: Highlighting Recent Achievements December 2012
… a strong platform for continued growth in 2013. Firstly, and most importantly, we are delighted to welcome our 12 new … in LGFA to 31, comprising 30 participating councils and the New Zealand Government. It is also pleasing to note … That tender increased LGFA’s bond outstandings to over $1.5 billion. This represents a bond programme in our first …NewsLGFA fixed rate bond offers: Bookbuild update 2
… Limited (LGFA) has capped the issue size at NZ$250 million and intends to issue the capped amount. Indicative Margin: … to date, LGFA has capped the issue size at NZ$500 million and intends to issue the capped amount. Indicative Margin: … bookbuild update relates to LGFA's offers to institutional and New Zealand retail investors of the above existing series …NewsLGFA fixed rate bond offer: Bookbuild update 2
… a maturity date of 15 May 2031 (Bonds) to institutional and New Zealand retail investors, with the ability to accept … NZ$100 million of Bonds reserved for subscription by LGFA and NZ$135 million trading interest from the Joint Lead … per annum. Bookbuild orders at revised Indicative Margin and minimum issue size As at 9.10 am NZT in excess of NZ$570 …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 …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 … information on LGFA visit the website www.lgfa.co.nz or contact: Mark Butcher, Chief Executive Telephone 04 974 …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 … April 2020). LGFA expects the Coupon/Interest Rate to be 1.50% per annum. The Issuance Yield will be the sum of the Margin and the Base Rate on the Rate Set Date. The Margin will be …NewsAnnouncement of LGFA Bond Tender 79
… 79: Tender date: 10 March 2021 Bids open on Yieldbroker: 1.30pm Bids close on Yieldbroker: 2.00pm Results: Available … Offered: NZD 50,000,000 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 …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 Quarterly Investor Update/Funding Programme Revision
… 18 January 2021 LGFA Quarterly Investor Update and Revision to Funding Programme Please find attached the … billion. There are no changes to the estimated 2021-22 and 2022-23 bond issuance programme. Given that LGFA issued $1.9 billion of LGFA bonds in the six month period to 31 …NewsIncrease and extension to the Crown Liquidity Facility
… Finance has today announced the completion of an increase and extension of the term to the Crown Liquidity Facility for LGFA. The facility size will increase from NZ$1.5 billion to NZ$3 billion and the term has been extended from December 2031 to June … Increase and extension to the Crown Liquidity Facility …NewsWeekly pricing update
… matrix for borrowing across all LGFA maturities from 1 month through to April 2033 for each council group. This is updated each Wednesday afternoon and provides councils with a brief market update for both short and long term borrowing plus current borrowing yields and …PageNotice of Repos Outstanding as at 30 April 2018
… can be undertaken, the outstanding repo transactions and the amount of treasury stock held by LGFA on 30 April … a waiver from NZX in relation to Listing Rule 7.12.1. The waiver decision is available on LGFA’s website at … is set at the outset of the relevant repo transaction and does not reflect the market price of the relevant LGFA …NewsNotice of Repo Outstandings as at 31 October 2017
… can be undertaken, the outstanding repo transactions and the amount of treasury stock held by LGFA on 31 October … a waiver from NZX in relation to Listing Rule 7.12.1. The waiver decision is available on LGFA’s website at … is set at the outset of the relevant repo transaction and does not reflect the market price of the relevant LGFA …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 …NewsAnnouncement of LGFA Bond Tender 77
… Tender date: 16 December 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 receives carbonzero certification
… neutral certification is supported by scientific research and international best practice. By partnering with Toitū … able to accurately measure our greenhouse gas emissions and put in place strategies to manage, reduce and offset impacts in accordance with ISO 14064- 1:2006. Where LGFA are unable to eliminate future emissions, …NewsNotice of Repos Outstanding as at 31 July 2018
… can be undertaken, the outstanding repo transactions and the amount of treasury stock held by LGFA on 31 July … a waiver from NZX in relation to Listing Rule 7.12.1. The waiver decision is available on LGFA’s website at … is set at the outset of the relevant repo transaction and does not reflect the market price of the relevant LGFA …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 Quarterly Funding Update to Investors and Revised Borrowing Programme – December 2025
… at 31 December 2025. Due to our high levels of liquidity and less than expected council borrowing in the six-month … by $300 million to $4.85 billion. We have undertaken NZ$1.94 billion equivalent of long dated funding for the six-month period to 31 December 2025 and expect to undertake a mix of foreign currency and NZD …NewsPress Release: LGFA fixed rate bond offer closes
… of 15 April 2024 (Bonds), it has set the issue size at NZ$1,000,000,000. The Margin for the Bonds has been set at … 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 …NewsLGFA credit ratings affirmed by Fitch Ratings at AA/AA+
… at ‘AA’/ ‘AA+’ with a positive outlook (foreign currency) and stable outlook (domestic currency). Fitch has categorised … 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 …NewsAnnouncement of LGFA Bond Tender 84
… Tender date: 08 September 2021 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 …NewsNotice of Repos Outstanding as at 31 January 2018
… can be undertaken, the outstanding repo transactions and the amount of treasury stock held by LGFA on 31 January … a waiver from NZX in relation to Listing Rule 7.12.1. The waiver decision is available on LGFA’s website at … is set at the outset of the relevant repo transaction and does not reflect the market price of the relevant LGFA …NewsAnnouncement of LGFA Bond Tender 123
… Tender date: 01 October 2025 Bids open on Yieldbroker: 1.30pm Bids close on Yieldbroker: 2.00pm Results: Available … Offered: NZD 50,000,000 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 …NewsShareholders Approve Change to LGFA Foundation Policy Covenant
… borrowers with a long-term credit rating of 'A' equivalent or higher. Any changes to the foundation policies require … than 250%; for the financial years ending 30 June 2021 and 2022 no more than 300%; and for each of the next four years financial years, a …NewsNotice of Repos Outstanding as at 28 February 2018
… can be undertaken, the outstanding repo transactions and the amount of treasury stock held by LGFA on 28 … a waiver from NZX in relation to Listing Rule 7.12.1. The waiver decision is available on LGFA’s website at … is set at the outset of the relevant repo transaction and does not reflect the market price of the relevant LGFA …NewsAnnouncement of LGFA Bond Tender 78
… Tender date: 03 February 2021 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 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. …News