GMT
24/09/2015 10:48
GENERAL
PRICE SENSITIVE
REL: 1048 HRS Goodman Property Trust
GENERAL: GMT: GMT Debt Facility Update
Goodman (NZ) Limited, the manager of Goodman Property Trust ("GMT" or
"Trust") is pleased to announce that the Trust's main bank facility has been
refinanced on competitive new terms.
Goodman (NZ) Limited's Chief Financial Officer, Andy Eakin, said, "We are
extremely pleased to have refinanced our lending facilities with the existing
banking syndicate. With a combination of bank debt, wholesale bonds, retail
bonds and US Private Placement issuance, GMT now has a very diverse debt book
with bank borrowings making up less than 50% of drawn debt."
Following the refinancing activity GMT's debt facilities have a weighted
average term of 5.2 years. An updated maturity profile is attached as an
appendix to this announcement.
For more information please call:
Andy Eakin
Chief Financial Officer
Goodman (NZ) Limited
(09) 375 6077
(021) 305 316
End CA:00270674 For:GMT Type:GENERAL Time:2015-09-24 10:48:20
