GMT's BBB Credit Rating Reaffirmed | New Zealand
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GMT's BBB Credit Rating Reaffirmed

Wednesday, 3 May 2017
Goodman (NZ) Limited, the Manager of GMT is pleased to advise that the Trust’s investment grade credit rating of BBB has been reaffirmed by Standard & Poor’s.

The Trust’s secured bonds, US private placement notes and bank debt are rated one notch higher at BBB+.

Andy Eakin, Chief Financial Officer of Goodman (NZ) Limited, said, “GMT has maintained its stable investment grade credit rating since it was first assigned in 2009. It’s a positive reflection on the strength of the balance sheet and the consistency of our business strategy.”