GPT puts match to costly hedges
DIVERSIFIED trust GPT has further distanced itself from its disastrous overseas foray by unwinding $1.2 billion of excess offshore interest rate hedges. The contracts were... More »
The Age - Nov. 13, 2009
GPT Group trims $1.2b of excess hedge
Source: News Bites GPT Group said unwinding $1.2 billion of excess offshore interest rates hedges cost $152 million and reduced its average interest rates across borrowings... More »
Business Spectator - Nov. 12, 2009
AUST PROPERTY CO GPT CONTINUES TO UNWIND US$1.1B OF O/S...
Australian property company GPT Group (ASX:GPT) has continued its exit from offshore investments with the unwinding of A$1.2 billion (US$1.11 billion) of excess overseas... More »
Individual.com - Nov. 12, 2009
GPT exits offshore interest hedges
Property company GPT Group has continued its exit from offshore investments with the unwinding of $1.2 billion of excess overseas interest rate hedges. Australia's third... More »
The Age - Nov. 12, 2009
GPT unwinds excess hedge positions
By a staff reporter GPT Group Ltd has completed the unwinding of its $1.2 billion of excess offshore interest rate hedges at a cost of $152 million, helped by the stronger... More »
Business Spectator - Nov. 12, 2009
AUST PROPERTY CO GPT CONTINUES TO UNWIND US$1.1B OF O/S...
Australian property company GPT Group (ASX:GPT) has continued its exit from offshore investments with the unwinding of A$1.2 billion (US$1.11 billion) of excess overseas... More »
Individual.com - Nov. 12, 2009
GPT exits offshore interest hedges
Property company GPT Group has continued its exit from offshore investments with the unwinding of $1.2 billion of excess overseas interest rate hedges. Australia's third... More »
Nine MSN Money - Nov. 12, 2009
GPT unwinds $1.2bn in excess hedges
From: Dow Jones Newswires PROPERTY trust GPT Group today said it unwound its $1.2 billion of excess offshore interest rate hedges at a cost of $152 million to simplify its... More »
The Australian - Nov. 12, 2009
GPT exits offshore interest hedges
Property company GPT Group has continued its exit from offshore investments with the unwinding of $1.2 billion of excess overseas interest rate hedges. Australia's third... More »
Sydney Morning Herald - Nov. 12, 2009
GPT unwinds excess hedge positions
By a staff reporter GPT Group Ltd has completed the unwinding of its $1.2 billion of excess offshore interest rate hedges at a cost of $152 million, helped by the stronger... More »
Business Spectator - Nov. 12, 2009