LGFA sustainable financing bond offer close

NZX Announcement 02 October 2024 LGFA fixed rate sustainable financing bond offer closes 2 October 2024 New Zealand Local Government Funding Agency Limited (LGFA) today announced that it will issue the following unsecured, unsubordinated, fixed rate sustainable financing bonds (Sustainable Financing Bonds) and confirmed the issue size and Margin for the offer of the Sustainable Financing Bonds. Sustainable Financing Bonds Maturity Date: 14 May 2032 Issue size: NZ$800 million Bookbuild orders: As at offer close, bookbuild orders in excess of NZ$1,080 million at the Margin of 0.91% per annum were received (including NZ$150 million of Sustainable Financing Bonds reserved for subscription by LGFA and NZ$120 million trading interest from the Joint Lead Managers) Margin: 0.91% 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 7 October 2024. The Sustainable Financing Bonds are expected to be quoted on the NZX Debt Market on 8 October 2024 under the ticker code LGF180. Joint Lead Managers ANZ Phone: 0800 269 476 BNZ Phone: 09 375 1391 CBA Phone: 0800 272 266 Westpac Banking Corporation Phone: 0800 772 142 ENDS For all investor relations and media queries, please contact: Mark Butcher, Chief Executive mark.butcher@lgfa.co.nz / 04 974 6744