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- Release Date: 11/11/13 14:34
- Summary: GENERAL: GMT: GMT Bond Issuer Limited intends to make a public bond offer
- Price Sensitive: No
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GMT
11/11/2013 12:34
GENERAL
REL: 1234 HRS Goodman Property Trust
GENERAL: GMT: GMT Bond Issuer Limited intends to make a public 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) 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 GMT
Bond Issuer Limited and will be guaranteed by GMT. They will have a maturity
date of 4 December 2020.
It is expected that full details of the offer will be released later this
month and the offer will open in early December 2013.
No money is currently being sought and no applications for Goodman+Bonds will
be accepted or money received unless the subscriber has received a simplified
disclosure prospectus in respect of the Goodman+Bonds.
Bank of New Zealand and Deutsche Craigs Limited have been appointed as Joint
Lead Managers, and Forsyth Barr Limited a Co-manager, for the proposed offer.
Application has been made to NZX Limited ("NZX") for permission to quote the
Bonds on the NZX Debt Market and all the requirements of NZX that can be
complied with on or before the date of this announcement have been complied
with. However, NZX accepts no responsibility for any statement contained
herein.
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:00243608 For:GMT Type:GENERAL Time:2013-11-11 12:34:49
