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GMT Bond Issuer Limited – considers a retail bond offer

Debt Issuance11 February 2018GNZReal Estate

Level 2, 18 Viaduct Harbour Avenue, Auckland | PO Box 90940, Victoria Street West, Auckland 1142
Tel +64 9 375 6060 | www.goodman.com/nz


nzx release+

GMT Bond Issuer Limited - considers a retail bond offer -

Goodman+Bonds

Date 12 February 2018

Release Immediate

Goodman (NZ) Limited, the manager of Goodman Property Trust ("GMT" or

"Trust"), has today announced that GMT Bond Issuer Limited (NZX Code: GMB)

(a wholly owned subsidiary of GMT) (“Issuer”) is considering making an offer of

5.5 year, fixed rate, senior secured bonds ("Goodman+Bonds") to institutional

and New Zealand retail investors.

The Goodman+Bonds will be secured, senior debt obligations of the Issuer and will be

guaranteed by GMT.

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.

It is expected that full details of the offer will be released in the week beginning 19

February 2018, when the offer is anticipated to open.

No money is currently being sought and no Goodman+Bonds can be applied for or

acquired until the offer opens and the investor receives a terms sheet.

Deutsche Craigs Limited, First NZ Capital Securities Limited and Westpac Banking

Corporation (ABN 33 007 457 141) (acting through its New Zealand branch) 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

or their usual financial advisor. Indications of interest will not constitute an obligation or

commitment of any kind.

For further information please contact:

(021) 321 541 (021) 305 316



About Goodman Property Trust:

GMT is an externally managed unit trust, listed on the NZX. It has a market capitalisation of around $1.7 billion, ranking it

in the top 20 of all listed investment vehicles. The Manager of the Trust is a subsidiary of the ASX listed Goodman

Group, Goodman Group is also the Trust’s largest investor with a cornerstone unitholding of 21%.

GMT is New Zealand’s leading industrial and business space provider. It has a substantial property portfolio, with a value

of $2.4 billion, which accommodates around 200 customers. The Trust holds an investment grade credit rating of BBB

from Standard & Poor’s.


John Dakin Andy Eakin

Chief Executive Officer Chief Financial Officer

Goodman (NZ) Limited Goodman (NZ) Limited

(09) 375 6063 (09) 375 6077

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.