Latest Private Credit Funds News

Butn Limited has locked in a $100 million senior secured debt facility with Northleaf Capital Partners, marking a pivotal step in its growth strategy and refinancing existing debt.

La Trobe Financial Asset Management has launched a Distribution Reinvestment Plan (DRP) for its Private Credit Fund, offering unitholders a streamlined way to reinvest cash distributions into additional units without brokerage fees.

MA Income Credit Trust (ASX, MA1) has launched a placement to raise nearly A$50 million, aiming to bolster its exposure to private credit through new unit issuance at a slight discount. The capital will fund investments across direct lending, asset-backed lending, and corporate lending segments.

360 Capital Mortgage REIT has secured a new $9.2 million senior loan and extended a $17.6 million facility, enhancing its portfolio diversification and maintaining its FY25 distribution guidance.

Cann Group Limited has negotiated an extension of its NAB loan maturity and deferred upcoming interest payments, providing crucial breathing room for its capital projects and working capital needs.

360 Capital Mortgage REIT (ASX:TCF) reported a robust HY25 performance, highlighting a forecast distribution yield of 10.2% and a successful $8.9 million capital raising that expands its loan portfolio and market presence.

360 Capital Mortgage REIT reported a solid half-year profit increase to $1.34 million and launched a strategic capital raising to grow its senior loan investments. Distributions rose notably, reflecting confidence in its expanding loan portfolio amid rising interest rates.

Butn Limited has posted record quarterly revenue and platform originations for Q2 FY25, alongside sustained positive operating cash flow, signaling robust growth and strategic expansion into crypto-backed lending.