Goodman to raise $150m through placement
The trust will use the cash to fund the $215m of work it has in progress.
Andrew Bevin
Wed, 18 Sep 2019
NZX-listed Goodman Property Trust is raising $165 million through a placement and a retail offer to pay down debt fund development commitments.
The placement of $150m at $2.10 a unit is fully underwritten by Jarden Partners and UBS New Zealand.
The price before trading halted for the
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Andrew Bevin
Wed, 18 Sep 2019
Contact the Writer: andrew@nbr.co.nz
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Goodman to raise $150m through placement
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