GMT Bank Debt Facility Increase | New Zealand
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GMT Bank Debt Facility Increase

Monday, 14 March 2022

Goodman (NZ) Limited, the manager of Goodman Property Trust (“GMT” or “Trust”) is pleased to announce that the Trust’s main bank facility has been increased from $400 million to $570 million.

Goodman (NZ) Limited's Chief Financial Officer, Andy Eakin, said, “We have refinanced GMT’s main bank facility, adding $170 million of additional capacity to help fund the Trust’s record level of development activity and new investment opportunities.”
A supportive bank syndicate has provided the funding at competitive pricing levels.
Details of all of GMT’s debt facilities are attached as an appendix to this announcement.

For more information please call:

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