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MA Income Credit Trust Raises $49.7M in Fully Underwritten Wholesale Placement

10:15am on Monday 23rd of June, 2025 AEST Financials
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MA Income Credit Trust Raises $49.7M in Fully Underwritten Wholesale Placement

10:15am on Monday 23rd of June, 2025 AEST
Key Points
  • Wholesale placement to raise approximately A$49.7 million
  • Issuance of up to 24.85 million new units at $2.00 per unit
  • Placement fully underwritten and conducted under ASX Listing Rule 7.1
  • Proceeds to be invested in private credit, asset-backed lending, and direct corporate lending
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