GMT
20/05/2015 09:00
GENERAL
PRICE SENSITIVE
REL: 0900 HRS Goodman Property Trust
GENERAL: GMT: GMT Bond Issuer Limited intends to make bond offer
Goodman (NZ) Limited, the manager of Goodman Property Trust ("GMT"), has
today announced that, continuing its programme of funding diversification,
GMT Bond Issuer Limited (a wholly owned subsidiary of GMT) ("Issuer") is
considering making an offer of up to $75 million (with the ability to accept
up to a further $25 million in oversubscriptions) of secured, unsubordinated
retail bonds ("Goodman+Bonds").
Goodman+Bonds will be direct, secured, unsubordinated debt obligations of the
Issuer and will be guaranteed by GMT. They are expected to have a seven year
tenor and mature in June 2022. It is expected that full details of the offer
will be released in early June 2015, when the offer is expected to open.
No money is currently being sought and no applications for Goodman+Bonds will
be accepted or money received until the offer opens and the investor receives
a terms sheet.
ANZ Bank New Zealand Limited, Deutsche Craigs Limited and Forsyth Barr
Limited have been appointed as Joint Lead Managers for the proposed offer.
Investors can register their interest in the offer by contacting the Joint
Lead Managers using the contact details listed in the attachment.
Indications of interest will not constitute an obligation or commitment of
any kind.
The holders of the Issuer's existing bonds (ticker code: GMB010) will be
repaid on maturity on 19 June 2015 and any holders who wish to participate in
the offer of Goodman+Bonds should register their interest in the manner
described above.
The offer will be made pursuant to the Financial Markets Conduct Act 2013 as
an offer of debt securities of the same class as existing quoted debt
securities. The Goodman+Bonds are expected to be quoted on the NZX Debt
Market.
End
John Dakin
Chief Executive Officer
Goodman (NZ) Limited
(09) 375 6063
(021) 321 541
Andy Eakin
Chief Financial Officer
Goodman (NZ) Limited
(09) 375 6077
(021) 305 316
End CA:00264525 For:GMT Type:GENERAL Time:2015-05-20 09:00:46
