Metrics Master Income Trust Completes $315 Million Wholesale Placement

An update from Metrics Master Income Trust ( (AU:MXT) ) is now available.

Metrics Master Income Trust has successfully completed a wholesale placement, raising $315 million through the issuance of 157.5 million new units at $2.00 each. This move, which does not require securityholder approval, is expected to enhance the Trust’s ability to provide non-bank finance to Australian companies, thereby diversifying its portfolio and improving outcomes for investors. The Trust’s net asset value is anticipated to reach approximately $2.44 billion post-placement, reinforcing its position as a leading investment platform in the private credit market.

More about Metrics Master Income Trust

Metrics is an Australian-based alternative asset management firm specializing in direct lending to Australian companies. It is a significant player in the Australian private credit market, managing assets exceeding A$23 billion, including the Metrics Master Income Trust, Metrics Income Opportunities Trust, and Metrics Real Estate Multi-Strategy Fund.

Average Trading Volume: 2,005,687

Technical Sentiment Signal: Strong Buy

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