LGFA launches new April 2024 transaction by syndication
- Monday, 11 March 2019
On 11 March, New Zealand Local Government Funding Agency (LGFA) (AA+/AA+) launched an indicative NZ$500 million (US$339.8 million) April 2024 transaction to institutional and New Zealand retail investors by syndication. The forthcoming deal has an indicative margin of 33-37 basis points over mid swap, with the final margin and interest rate to be set following a bookbuild on 12 March.
HIGH-GRADE ISSUERS YEARBOOK 2023
The ultimate guide to Australian and New Zealand government-sector borrowers.