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.'

For further information please contact:

Andy Eakin
Chief Financial Officer
Goodman (NZ) Limited
(09) 375 6077
(021) 305 316

Goodman Property Trust issued this content on 21 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 March 2016 23:36:34 UTC

Original Document: http://investors.nz.goodman.com/phoenix.zhtml?c=164117&p=irol-newsArticle&ID=2149662