Goodman (NZ) Limited, the Manager of Goodman Property Trust (“GMT” or “Trust”) is pleased to announce further refinancing activity with the restructuring of its main bank facility.
Goodman (NZ) Limited's Chief Financial Officer, Andy Eakin, said, “Adding a further tranche to the main facility improves our debt expiry profile and provides additional flexibility. The new five year tranche extends the tenor of the Trust’s debt facilities to an average 3.3 years while the highly competitive margin that was achieved reflects the quality and security of the Trust’s substantial property portfolio.”
Attachments: Appendix A – GMT Debt Expiry Profile
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