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.
