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- Release Date: 04/09/12 14:57
- Summary: GENERAL: GMT: GMT Secures Additional 5 Year Debt Funding
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GMT
04/09/2012 12:57
GENERAL
REL: 1257 HRS Goodman Property Trust
GENERAL: GMT: GMT Secures Additional 5 Year Debt Funding
Goodman (NZ) Limited, the Manager of Goodman Property Trust ("GMT" or
"Trust") is pleased to announce further refinancing activity with the
restructuring of its main bank facility.
Goodman (NZ) Limited's Chief Financial Officer, Andy Eakin, said, "Adding a
further tranche to the main facility improves our debt expiry profile and
provides additional flexibility.
The new five year tranche extends the tenor of the Trust's debt facilities to
an average 3.3 years while the highly competitive margin that was achieved
reflects the quality and security of the Trust's substantial property
portfolio."
For further information please contact:
Andy Eakin
Chief Financial Officer
Goodman (NZ) Limited
(09) 375 6077
(021) 305 316
Attachments: Appendix A - GMT Debt Expiry Profile
End CA:00226886 For:GMT Type:GENERAL Time:2012-09-04 12:57:06
