Metrics Master Income Trust (MXT) non-renounceable entitlement offer

Metrics Credit Partners is seeking to raise up to an additional $400 million in its listed MCP Master Income Trust through a non-renounceable entitlement offer.

The offer is a pro rata 1 for 1.8 non-renounceable entitlement offer of new fully paid ordinary units in the trust. The trust will use the capital to invest in a strong pipeline of investment opportunities, improve liquidity and lower costs.

“We are pleased to again offer our existing unitholders and new investors an opportunity to gain exposure to the private credit market and an investment that is uncorrelated to listed equities or bonds. The trust aims to continue to deliver monthly cash income, with a low risk of capital loss, through a diversified portfolio of directly originated loans that reflects activity in the Australian private credit market," Metrics managing partner, Andrew Lockhart said.

The trust invests in diversified loan portfolios and participates in Australia’s corporate loan market.

Metrics Credit Partners Metrics Master Income Trust (MXT) non-renounceable entitlement offer Launched on 09 October 2017 Designed for retail and wholesale investors. Find out more This report is informational only in nature. Industry Moves neither recommends nor endorses this product/service.