GMT Bond Issuer Green Bond – Revised Indicative Margin

Goodman Property Trust (GMT) has announced the offer of up to NZ$100 million of 5 year fixed rate, senior secured green bonds ("Green Bonds").

The indicative margin has been revised to 1.10% to 1.20% per annum over the base rate, with the minimum interest rate remaining unchanged at 4.50% per annum.

The Green Bonds have a credit rating of BBB+ from S&P Global Ratings Australia Pty Limited and GMT has a long-term credit rating of BBB (stable outlook).

The margin and interest rate for the Green Bonds will be set following a bookbuild process, which is expected to be completed on 7 April 2022.

The product disclosure statement is available on the website www.goodmangreenbonds.co.nz.