Shaw and Partners appointed Co-Manager to the MCP Income Opportunities Trust IPO News06 Mar 2019

Shaw and Partners has been appointed Co-Manager to the MCP Income Opportunities Trust (Trust) Initial Public Offering. The Trust intends to list on the ASX under the stock code ASX:MOT.

 

The MCP Income Opportunities Trust is managed by Metrics Credit Partners Pty Ltd. The Trust Company (RE Services) Limited is the responsible entity of the Trust and is seeking to raise a minimum of $200 million and up to $300 million through the issue of units at a subscription price of $2.00 per unit.

 

The initial target annualised distribution amount per unit, which will be paid quarterly by the Trust, is minimum 7% per annum (net of fees and expenses) on the subscription price.

 

The offer is open to investors with a registered address in Australia and New Zealand.

 

For more information or to obtain a copy of the Product Disclosure Statement, please contact your Shaw and Partners Adviser.

 

About the Manager

Metrics Credit Partners is an Australian-based alternative asset management firm specialising in direct lending to Australian companies and is an active participant in the Australian Private Credit market. Metrics launched its first wholesale fund in 2013 and is the appointed manager of a number of wholesale investment trusts in addition to the MCP Master Income Trust (ASX:MXT), which successfully listed on the ASX in October 2017.

  

Disclaimer

The MCP Income Opportunities Trust (ARSN 631 320 628) is an Australian registered managed investment scheme. The Product Disclosure Statement (PDS) is issued by the responsible entity of the Trust. The responsible entity of the Trust is The Trust Company (RE Services) Limited (ACN 003 278 831; AFSL 235 150). The PDS is available and can be viewed online at www.metrics.com.au.

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