SYDNEY, June 7 (Reuters) - Australian property Goodman Group (GMG) said on Wednesday it completed a $1 billion bond exchange offer with strong support from bondholders.
As part of the transaction, Goodman said it reduced its gearing target to a range between zero and 25 percent, from 25 percent to 35 percent previously.
As a result, its credit rating had been upgraded to BBB plus by S&P Global Ratings and Baa1 by Moody's, Goodman said in a statement to the Australian stock exchange.
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Last
$35.41 |
Change
0.000(0.00%) |
Mkt cap ! $71.92B | |||
| Open | High | Low | Value | Volume |
| $35.36 | $35.51 | $35.09 | $54.94M | 1.554M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1514 | $35.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.48 | 651 | 2 |
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| Last trade - 16.11pm 11/08/2025 (20 minute delay) ? |
| GMG (ASX) Chart |