GMT Bond Issuer Limited - interim result announcement

GMT Bond Issuer Limited, a wholly owned subsidiary of Goodman Property Trust, has provided the NZX with its unaudited interim financial statements for the six months to 30 September 2020. 

GMT Bond Issuer Limited received $10.2 million of interest income and incurred $10.2 million of interest expense during the period.

GMT Bond Issuer Limited also issued $200 million of fixed interest rate bonds to New Zealand wholesale investors in September 2020. The highly successful issue included:

1. $150 million of 10-year bonds paying 2.559% per annum, and
2. $50 million of eight-year bonds paying 2.262% per annum.

The new wholesale bonds share the same BBB+ credit rating from Standard & Poor’s that the existing GMB020, GMB030, GMB040 GMB050 retail bonds have been assigned. 

The combined interim report of Goodman Property Trust and GMT Bond Issuer Limited was released today and is available at: www.goodman.com/nz

For further information please contact: 

John Dakin
Chief Executive Officer
Goodman (NZ) Limited
(021) 321 541 

Andy Eakin
Chief Financial Officer
Goodman (NZ) Limited
(021) 305 316

James Spence
Director Investment Management
Goodman (NZ) Limited
(021) 538 934

1. Goodman Property Trust and GMT Bond Issuer Limited Interim Report 2021
2. NZX Interim Result Announcement