GMT Credit Rating Reaffirmed

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 Credit Rating Reaffirmed
Date 20 July 2020
Release Immediate

Goodman (NZ) Limited, the Manager of GMT is pleased to advise that the Trust’s
investment grade credit rating of BBB/stable has been reaffirmed by Standard & Poor’s.

The Trust’s bond programme and senior secured debt facilities are rated one notch
higher at BBB+.
For further information please contact:
Andy Eakin
Chief Financial Officer
Goodman (NZ) Limited
(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 $3.0
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 21.4%.

GMT is New Zealand’s leading industrial space provider. It has a substantial property portfolio, with a value
of $3.1 billion. The Trust holds an investment grade credit rating of BBB from Standard & Poor’s.