Four brokers in $192m MCP Master Income Trust placement : vi

Four brokers in $192m MCP Master Income Trust placement


Four brokers in $192m MCP Master Income Trust placement
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Metrics Credit Parters’ MCP Master Income Trust is seeking to raise up to $191.8 million to further diversify its loan portfolio.
MCP Master Income Trust was raising money on Thursday.  
Louise Kennerley
Brokers Morgans, Ord Minnett, Taylor Collison and Wilsons were lead managers on the the deal, and were offering new shares in the placement to funds for $2 each.
MCP’s shares last traded at $2.03.
Funds were told that MCP’s responsible entity would issue up to 95 million ordinary units in the trust for the placement, which represented about 15 per cent of the trust’s issued capital.

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