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

Monday, 21 March 2016
Goodman (NZ) Limited, the Manager of GMT is pleased to advise that the Trust's credit rating of BBB has been reaffirmed by Standard & Poor's.

The Trust's bond programme and senior secured debt facilities are rated one notch higher at BBB+.

Andy Eakin, Chief Financial Officer of Goodman (NZ) Limited, said, "Standard & Poor's has reaffirmed the investment grade credit ratings assigned to the Trust and its debt. It's a positive acknowledgment of GMT's strong balance sheet position and sound business strategy."