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GMT Bond Issuer launches 10-year New Zealand dollar deal

Tuesday, 25 August 2020

On 25 August, GMT Bond Issuer (BBB by S&P), a wholly owned subsidiary of Goodman Property Trust, launched a NZ$100-150 million (US$65.3-97.9 million) 10-year transaction. Indicative price guidance for the forthcoming deal, which is expected to price on the day after launch, is 200 basis points area over mid-swap. Westpac Banking Corporation New Zealand Branch is leading.

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