GPT launches 10-year domestic green-bond deal

On 26 October, GPT Wholesale Office Fund No. 1, an entity of GPT Funds Management (A- by S&P), launched an Australian dollar denominated, 10-year, benchmark, green-bond deal. The transaction is being marketed at 140 basis points area over semi-quarterly swap and is expected to price on the day of launch. ANZ and Westpac Institutional Bank are joint lead managers and green-bond coordinators.