Shaw and Partners is pleased to be appointed as Joint Lead Manager to the $11m 360 Capital Mortgage REIT (ASX:TCF) Entitlement Offer & Wholesale Shortfall Offer.

TCF is proposing to raise approximately A$11m by way of a 1 for 3 non-renounceable pro rata entitlement offer to eligible retail investors and wholesale investors. Key highlights of TCF include:

• Highly attractive yield – Forecast FY25 distribution yield of 10.1% paid monthly from private credit investments secured against Australian real estate
• Consistent income – distributions have increased by 118% since 360 Capital took over management of TCF in September 2020
• Benefits from higher rates with downside protection – underlying predominantly senior registered mortgages are priced as a margin over a base rate with downside protection through rate floors should rates fall
• Capital preservation – value of the underlying real estate would need to fall >30% before the NAV of TCF impacted
• Experienced real estate manager – 18-year track record, >$400m of private credit transactions over the last 8 years with no capital lost or impairment
• Off-market liquidity mechanism – recently implemented six-monthly buybacks at NAV to maintain TCF’s ASX trading price at NAV

The Wholesale Shortfall Offer is available to wholesale and institutional investors only. For more information contact your Shaw and Partners adviser.

The issuer of the securities is 360 Capital FM as responsible entity of 360 Capital Mortgage REIT. Offers of the securities will be made in (or accompanied by) a copy of the Entitlement Offer Booklet, available at https://announcements.asx.com.au/asxpdf/20250326/pdf/06h0b8x5nl1vmt.pdf and you should consider the disclosure document carefully before deciding whether to acquire the securities. To acquire securities under the offer investors will need to complete an application process detailed in the disclosure document.