Ann: GENERAL: GMB: GMT Bond Issuer sets rate on bond offer - Goodman+Bonds

• Release Date: 16/06/15 13:50
• Summary: GENERAL: GMB: GMT Bond Issuer sets rate on bond offer - Goodman+Bonds
• Price Sensitive: No
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					GMB
16/06/2015 13:50
GENERAL
PRICE SENSITIVE
REL: 1350 HRS GMT Bond Issuer Limited

GENERAL: GMB: GMT Bond Issuer sets rate on bond offer - Goodman+Bonds

Following the successful bookbuild process for its offer of fixed rate,
senior secured bonds ("Goodman+Bonds"), GMT Bond Issuer Limited (a wholly
owned subsidiary of Goodman Property Trust ("GMT")) today announced the offer
has closed and $100 million of Goodman+Bonds will be issued under the offer.

The interest rate for the Goodman+Bonds has been set at 5.00% p.a. This
reflects a margin of 1.25% p.a. over the underlying swap rate. The
Goodman+Bonds will be issued on 23 June 2015 and will mature on 23 June 2022.
The Goodman+Bonds are expected to be quoted on the NZX Debt Market.

The Goodman+Bonds have an investment grade issue credit rating of BBB+ from
Standard & Poor's. GMT's current corporate credit rating is BBB.

The full details of the offer are contained in the updated terms sheet which
is attached.

For more information please call:
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:00265756 For:GMB    Type:GENERAL    Time:2015-06-16 13:50:11