GMT Bond Issuer Limited Bond Offer Closes – Goodman+Bonds

GMT Bond Issuer Limited (NZX Code: GMB) ("Issuer") (a wholly owned subsidiary of Goodman Property Trust ("GMT" or "Trust")) confirms that its offer ("Offer") of fixed rate senior secured bonds ("Goodman+Bonds") announced on 19 February 2018 has closed. The Issuer has accepted NZ$100 million (including $25 million of oversubscriptions) under the Offer. The Goodman+Bonds, which have an interest rate of 4.00% per annum and mature on 1 September 2023, are expected to be issued by the Issuer on 1 March 2018 and to commence trading on the NZX Debt Market on 2 March 2018. For further information please contact: Joint Lead Managers o Deutsche Craigs Limited 0800 226 263 o First NZ Capital Securities Limited 0800 005 678 o Westpac Banking Corporation (ABN 33 007 457 141) (acting through its New Zealand branch) 0800 942 822 John Dakin Chief Executive Officer Goodman (NZ) Limited (09) 375 6063 (021) 321 541 Andy Eakin Chief Financial Officer Goodman (NZ) Limited (09) 375 6077 (021) 305 316 About Goodman Property Trust: GMT is an externally managed unit trust, listed on the NZX. It has a market capitalisation of around $1.7 billion, ranking it in the top 20 of all listed investment vehicles. The Manager of the Trust is a subsidiary of the ASX listed Goodman Group. Goodman Group are also the Trust's largest investor with a cornerstone unitholding of 21%. GMT is New Zealand's leading industrial and business space provider. It has a substantial property portfolio with a value of $2.6 billion that accommodates around 200 customers. The Trust holds an investment grade credit rating of BBB from Standard & Poor's. The Trust's secured bonds, US private placement notes and bank debt are rated one notch higher at BBB+. End CA:00314668 For:GMT Type:GENERAL Time:2018-02-23 13:02:25