Site search

548 Results

Filter search results
  • LGFA fixed rate bond offer: Bookbuild update 1

    … unsubordinated, fixed rate bonds with a maturity date of 15 May 2031 (Bonds) to institutional and New Zealand … oversubscriptions at LGFA's discretion. Full details of the Bond offer are contained in the Series Notice which … out below. Bookbuild Orders As at 4.00 pm NZT in excess of NZ$630 million within the indicative Margin range below …
    News
  • Updated List of LGFA Guarantors

    … 26 June 2024 Please find attached an updated list of LGFA guarantors as at 26 June 2024. Bay of Plenty Regional Council have had their credit rating … rated "AA" with a stable outlook. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • LGFA Credit Ratings Affirmed by S&P Global Ratings AA+/AAA (Stable Outlook) with Improved Stand-Alone Credit Profile

    … reflecting improved access to capital markets, dilution of borrower concentration and a growing capital base. S&P … note that LGFA has a dominant market position as a source of financing for councils with strong risk management and an … would be forthcoming in a stress scenario. A copy of the S&P Research Update is available below     ENDS …
    News
  • LGFA Bond Tender Schedule 2025/2026

    … advises the current bond tender schedule for the remainder of 2025 and the first half of 2026.   This schedule is subject to change, dates may … replacing one or more tenders with a syndicated offering of bonds. ENDS Released on behalf of Local Government Funding …
    News
  • Updated List of LGFA Guarantors

    … 11 October 2019 Please find  attached  an updated list of LGFA guarantors as at 11 October 2019: Taranaki Regional … outlook.   The credit rating assigned to Western Bay of Plenty District Council by S&P Global Ratings has been … with a stable ratings outlook. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • Updated List of LGFA Guarantors

    … 02 April 2025 Please find attached an updated list of LGFA guarantors as at 02 April 2025. Central Otago District Council have been assigned a credit rating of 'AA' with a Stable Outlook by Fitch Ratings. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • LGFA Approves GS Loan to Napier City Council for the Maranga and Te Aka green building project

    … developing the civic precinct. The Civic Precinct consists of a public realm that spans from the southern lane running … realm sits three interconnected buildings – Te Aka made up of the Library and Chambers, and the Office … lending by LGFA since launching the programme at the end of 2021. As at 8 October 2025, LGFA has approved eligible …
    News
  • LGFA Quarterly Funding Update to Investors and Revised Borrowing Programme – December 2025

    … Investors as at 31 December 2025.   Due to our high levels of liquidity and less than expected council borrowing in the … 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 bond issuance in the coming …
    News
  • Announcement of LGFA Bond Tender 102

    … NZX Announcement 29 September 2023 ANNOUNCEMENT OF LGFA BOND TENDER 102 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 102: Tender date: 03 October 2023 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • Announcement of LGFA Bond Tender 74

    … NZX Announcement 07 September 2020 ANNOUNCEMENT OF LGFA BOND TENDER 74 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 74: Tender date: 09 September 2020 Bids open … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • Announcement of LGFA Bond Tender 86

    … NZX Announcement 13 December 2021 ANNOUNCEMENT OF LGFA BOND TENDER 86 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 86: Tender date: 15 December 2021 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • Press Release: LGFA fixed rate bond offer closes

    … following the successful bookbuild process for its offer of unsecured, unsubordinated, fixed rate bonds with a maturity date of 15 April 2024 (Bonds), it has set the issue size at … and Issue/Settlement Price will be announced shortly. All of the Bonds have been allocated to participants (or their …
    News
  • Announcement of LGFA Bond Tender 101

    … NZX Announcement 07 August 2023 ANNOUNCEMENT OF LGFA BOND TENDER 101 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 101: Tender date: 09 August 2023 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • Announcement of LGFA Bond Tender 92

    … NZX Announcement 08 August 2022 ANNOUNCEMENT OF LGFA BOND TENDER 92 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 92: Tender date: 10 August 2022 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • David Rae

    … David is a co-owner of an investment consulting firm, MyFiduciary Ltd, which … and past roles as an investment trustee and as a director of regulated utilities in the gas and transport sectors both … David has an M.Sc in Economics from the London School of Economics, and a B.Soc.Sci (Hons) in Economics and Physics …
    Person
  • Updated List of LGFA Guarantors

    … 29 June 2022 Please find attached an updated list of LGFA guarantors as at 29 June 2022. Horowhenua District Council have been assigned a credit rating of AA- with a stable outlook by S&P Global Ratings. They were … rated as A+ with a stable outlook. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • Updated List of LGFA Guarantors

    … 18 January 2024 Please find attached an updated list of LGFA guarantors as at 18 January 2024. Far North District Council have been assigned a rating of 'AA' with a Stable Outlook by Fitch Ratings. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • Announcement of LGFA Bond Tender 79

    … NZX Announcement 08 March 2021 ANNOUNCEMENT OF LGFA BOND TENDER 79 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 79: Tender date: 10 March 2021 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • Announcement of LGFA Bond Tender 85

    … NZX Announcement 08 November 2021 ANNOUNCEMENT OF LGFA BOND TENDER 85 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 85: Tender date: 10 November 2021 Bids open on … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • LGFA Amendments to Foundation Policies

    … during its annual meeting on 21 November 2019. A copy of the amended foundation policies is  attached. The … treasury policy limits given the increase in the size of LGFA's balance sheet; • permitting LGFA to lend money … the amended foundation policy, as at the date of this announcement: • LGFA only lends to local authorities …
    News
  • LGFA cancels 18 March 2026 tender and considers bond offers

    … subject to market conditions, making one or more offers of unsecured, unsubordinated fixed rate bonds ( Bonds ), to … to April 2026.   If LGFA offers any Bonds, full details of the proposed offer(s) and the Bonds will be released at … with the Financial Markets Conduct Act 2013 as an offer of debt securities of the same class as existing quoted debt …
    News
  • Announcement of LGFA Bond Tender 103

    … NZX Announcement 06 November 2023 ANNOUNCEMENT OF LGFA BOND TENDER 103 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 103: Tender date: 08 November 2023 Bids open … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • LGFA Quarterly Funding Update – December 2022

    … Programme Update when we release our Draft Statement of Intent by the end of February 2023. ENDS Released on behalf of NZ Local …
    News
  • Updated List of LGFA Guarantors

    … 30 May 2024 Please find attached an updated list of LGFA guarantors as at 30 May 2024 Hawke's Bay Regional Council have been assigned a rating of 'AA' with a Stable Outlook by Fitch Ratings.     ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • Announcement of LGFA Bond Tender 84

    … NZX Announcement 06 September 2021 ANNOUNCEMENT OF LGFA BOND TENDER 84 New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 84: Tender date: 08 September 2021 Bids open … the relevant series notice. ENDS Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • Notification of Allotment of Securities - Tender 68

    … NZX Announcement  Notification of allotment of securities - Tender 68 Pursuant to Listing Rule 7.12.1, … Notification of Allotment of Securities - Tender 68 …
    News
  • Philip Cory-Wright

    … Philip is a solicitor of the High Court of New Zealand and Victoria. He has worked as a corporate … in the energy and infrastructure sectors. He was a member of the Local Government Infrastructure Expert Advisory Group …
    Person
  • Announcement of LGFA Bond Tender 62

    … NZX MAP Announcement  08 February 2019  ANNOUNCEMENT OF LGFA BOND TENDER 62  New Zealand Local Government Funding Agency (NZX:LGF) announces details of Bond Tender 62:  Tender date: 12 February 2019  Bids open … the relevant series notice.  ENDS  Released on behalf of NZ Local Government Funding Agency Limited by Mark …
    News
  • Notification of Allotment of Securities - Tender 69

    … NZX Announcement  Notification of allotment of securities - Tender 69 Pursuant to Listing Rule 3.13.1, … Notification of Allotment of Securities - Tender 69 …
    News
  • LGFA confirms Issue Price, Interest Rate and Issuance Yield

    … Limited announced today that it will issue NZ$ 1.1 billion of unsecured, unsubordinated, fixed rate bonds maturing 15 … Bonds has been set at 1.46% per annum, based on a Margin of 0.78% per annum as previously announced. The … formula in the Series Notice) as 1.00228990 per Bond. All of the Bonds have been allocated to participants (or their …
    News
  • Neil Bain

    … 2012. Neil was previously at The Treasury as the Head of Accounting and Transactional Services for the New Zealand … Prior to NZDMO, Neil worked for the Reserve Bank of NZ in a variety of roles including financial markets risk policy, financial …
    Person
  • Press Release: LGFA Credit Rating Affirmed by Standard and Poors' at 'AA+/A-1+'

    … country. S&P placed the short and long-term credit ratings of ten institutions, including LGFA, under criteria … change in methodology. S&P have now completed the review of the ratings of LGFA and have affirmed the 'AA+' long-term local currency, …
    News