LGFA confirms Issue Price, Interest Rate and Issuance Yield

NZX Announcement 02 October 2024 LGFA confirms Issue Price, Interest Rate and Issuance Yield 2 October 2024 New Zealand Local Government Funding Agency Limited (LGFA) announced today that it will issue NZ$800 million of unsecured, unsubordinated, fixed rate sustainable financing bonds maturing 14 May 2032 (Sustainable Financing Bonds), with the details listed below. Issue size: NZ$800 million Coupon/Interest Rate: 4.50% per annum Issuance Yield: 4.581% per annum, based on a Margin of 0.91% per annum Issue/Settlement Price: NZ$1.01266006 per bond as determined using the formula in the Series Notice 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 October2024. 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