Goodman Property Trust (NZE:GMT) satisfied all conditions for establishing the new Highbrook Fund, with transaction settlement scheduled for Sept. 30, according to a Monday New Zealand bourse filing.
The company had earlier secured all required approvals from its existing bank and bond financiers to establish the fund, including clearance for its wholesale bonds and fixed-rate senior secured green bonds listed on New Zealand's Exchange debt market, an August filing showed.
Public Trust granted waivers to ensure bondholders were protected.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments