LGFA sustainable financing bond offer closes

NZX Announcement 12 April 2023 New Zealand Local Government Funding Agency Limited (LGFA) today announced that following the successful bookbuild process for its offer of the following unsecured, unsubordinated fixed rate sustainable financing bonds (Sustainable Financing Bonds). Sustainable Financing Bonds Maturity Date: 15 May 2030 Issue size: NZ$1,100 million Bookbuild orders: As at offer close at 1pm NZT, bookbuild orders in excess of NZ$1,620 million at the Margin of 0.61% per annum were received (including NZ$100 million of Sustainable Financing Bondsreserved for subscription by LGFA and NZ$242 million trading interest from the Joint Lead Managers). Margin: 0.61% per annum The Issuance Yield, Coupon/Interest Rate and Issue/Settlement Price for the Sustainable Financing Bonds will be announced shortly. Other Information All of the Sustainable Financing Bonds have been allocated to participants (or their clients) in the bookbuild process and there is no public pool. The Sustainable Financing Bonds are expected to be issued on 17 April 2023. The Sustainable Financing Bonds are expected to be quoted on the NZX Debt Market on 18 April 2023 under the ticker code LGF170. Arranger, Sustainability Coordinator and Joint Lead Manager Westpac Banking Corporation Phone: 0800 772 142 Joint Lead Managers ANZ Phone: 0800 269 476 BNZ Phone: 0800 275 269 CBA Phone: 0800 272 266 ENDS For all investor relations and media queries, please contact: Mark Butcher, Chief Executive mark.butcher@lgfa.co.nz / 04 974 6744 End CA:00409796 For:LGF Type:OFFER Time:2023-04-12 14:24:40