Goodman launches its new New Zealand deal seeking NZ$75-100 million

GMT Bond Issuer (BBB, with an expected issue rating of BBB+), the issuing entity of Goodman Property Trust (Goodman), launched a seven-year, retail-format transaction in the New Zealand market on 18 May. The deal is for NZ75 million (US$52 million) with capacity to upsize by up to NZ$25 million.