Webinar: MCP Master Income Trust IPO
•
Sponsored
Print Wire
Livewire Equities
Livewire
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.
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
The Livewire Equities feed brings you a range of insights that relate to Australian equities
1 topic
1 stock mentioned
1 contributor mentioned
Livewire Equities
Livewire
The Livewire Equities feed brings you a range of insights that relate to Australian equities
Expertise
No areas of expertise
Livewire Equities
Livewire
The Livewire Equities feed brings you a range of insights that relate to Australian equities
Expertise
No areas of expertise
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
The 7 zombie companies lurking on the ASX 300
Livewire Markets
Education
Warren Buffett’s 25 biggest mistakes – and 4 lessons they teach
Leithner & Company Ltd