LGFA incorporated, rated and ready to borrow from February 2012
- Wednesday, 07 December 2011
New Zealand's newest large-scale borrower, the Local Government Funding Agency (LGFA), was incorporated on December 7 after receiving its first confirmed ratings. The agency, which hopes to offer cost-effective debt funding to local councils across New Zealand, plans to commence bond issuance via a fortnightly tender process from February 2012.
