Goodman to buy back PLUS

13 July 2017

 

Goodman group first issued $325 million of its Perpetual Listed Unsecured Securities (PLUS) in 2007. The securities paid BBSW + 190bps on the $100 face value until September 2012 when a restructure of the Goodman Group led to an amendment of the terms of the securities. The margin was increased to 390bps and the first “Remarketing” date was moved to 31 December 2017. Goodman has now announced it will issue...

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