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GMT Bond Issuer Limited - senior secured fixed rate bond offer

Monday, 8 June 2015

GMT Bond Issuer Limited ("GMB") gives notice under clause 20(1)(a) of schedule 8 to the Financial Markets Conduct Regulations 2014 ("Regulations") that it proposes to make an offer for the issue of fixed rate bonds ("New Bonds") in reliance upon the exclusion in clause 19 of schedule 1 to the Financial Markets Conduct Act 2013 ("FMCA").

Except for the redemption date and interest rate the New Bonds will have identical rights, privileges, limitations and conditions as GMB's NZ$100,000,000 fixed rate bonds maturing on 16 December 2020 which are quoted on the NZX Debt Market under the ticker code GMB020 ("GMB020 Bonds"), and therefore are of the same class as the GMB020 Bonds for the purposes of the FMCA and the Regulations.

The GMB020 Bonds have been continuously quoted on the NZX Debt Market over the preceding 3 months and trading in the GMB020 Bonds has not been suspended during that period.

As at the date of this notice, GMB is in compliance with:

(a) the continuous disclosure obligations that apply to it in relation to the GMB020 Bonds; and

(b) its financial reporting obligations (as defined under the Regulations).

As at the date of this notice, there is no excluded information for the purposes of the Regulations.

As at the date of this notice, there is no information that would be required to be disclosed under a continuous disclosure obligation or which would be excluded information for the purposes of the Regulations if the GMB020 Bonds had had the same redemption date or interest rate as the New Bonds being offered.

For further information please contact:

Andy Eakin 
Chief Financial Officer
Goodman (NZ) Limited
(09) 375 6077
(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 $1.5 billion, ranking it in the top 15 of all listed investment vehicles. The Manager of the Trust is a subsidiary of the ASX listed Goodman Group, Goodman Group are also the Trust’s largest investor with a cornerstone unitholding of 17.8%. GMT is New Zealand’s leading industrial and business space provider. It has a substantial property portfolio with a value in excess of $2.0 billion that accommodates around 250 customers. The Trust holds an investment grade credit rating of BBB from Standard & Poor’s.