LGFA preparing debut deal from its sustainable financing bond framework

Wednesday, 05 April 2023

Disclosure type: pre-offer announcement
Issuer name: New Zealand Local Government Funding Agency
Issuer rating: AAA/AA+
Expected issue rating: as issuer
Announcement date: 5 April 2023
Expected launch date: week beginning 10 April 2023
Sustainability coordinator: Westpac New Zealand
Arranger: Westpac Banking Corporation New Zealand Branch
Lead managers: ANZ, BNZ, Commonwealth Bank of Australia, Westpac Banking Corporation New Zealand Branch

Transaction type: senior-unsecured sustainable financing bond
Currency: NZD
Indicative volume: ND
Maturity date: 15 May 2030
Coupon type: fixed
Price guidance: ND