LGFA lining up dual-tranche tap offer

Monday, 10 October 2022

Disclosure type: pre-offer announcement
Issuer name: New Zealand Local Government Funding Agency
Issuer rating: AAA/AA+
Expected issue rating: as issuer
Announcement date: 10 October 2022
Expected launch date: 11 October 2022
Arranger: BNZ
Lead managers: ANZ, BNZ, Commonwealth Bank of Australia, Westpac Banking Corporation New Zealand Branch

Transaction type: senior-unsecured increase
Currency: NZD
Indicative volume: ND
Maturity dates: 15 April 2025 and/or 20 April 2029
Coupon type: fixed
Price guidance: ND