Webinar: MCP Master Income Trust IPO

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Metrics Credit Partners has announced confirmed demand of over $400 million for the initial public offering (IPO) of the MCP Master Income Trust (ASX: MXT), making it one of the largest listed managed investment raising in Australia to date. This webinar provides an overview of the offer and investment process.

Click here for more information about the MCP Master Income Trust IPO

Key Points

 

  • Metrics Credit Partners has announced confirmed demand of over $400 million for the initial public offering (IPO) of the MCP Master Income Trust (ASX: MXT), making it one of the largest listed managed investment raising in Australia to date.
  • The Offer is expected to close on 19 September 2017 and is scheduled to list on the ASX on 9 October 2017.
  • MXT will provide investors with exposure to a portfolio of more than 50 corporate loans, with a near-term target of 75-100 individual investments, diversified by borrower, industry, and credit quality.
  • Investors will receive monthly cash income with a target yield of RBA cash rate +3.25% per annum (currently 4.75%) net of all fees and costs, with low risk of capital loss.

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