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

The Trust's secured bonds, US private placement notes and bank debt are rated one notch higher at BBB+.

Andy Eakin, Chief Financial Officer of Goodman (NZ) Limited, said, 'GMT has maintained its stable investment grade credit rating since it was first assigned in 2009. It's a positive reflection on the strength of the balance sheet and the consistency of our business strategy.'

For further information please contact:

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

Goodman Property Trust published this content on 03 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 03 May 2017 01:53:23 UTC.

Original documenthttps://nz.goodman.com/investor-centre/goodman-property-trust-units/nzx-announcements/20170305-gmts-bbb-credit-rating-reaffirmed

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