360 Capital Mortgage REIT (ASX:TCF)
Entitlement and Shortfall Offer
Open to existing TCF Unitholders and new Wholesale / Institutional Investors.
- Increased Scale, Relevance and Liquidity – 100% increase in proforma market capitalisation up to $90.3 million
- 85.3% Senior Loan Investments – Focus on senior loan investments with 85.3% of the loan portfolio currently registered first mortgages
- Highly Attractive Yield – TCF Target Return: RBA Cash Rate plus 4.0% p.a. paid monthly on the Offer Price. (TCF has returned RBA Cash Rate plus 4.85% p.a. since inception)
- Liquidity Mechanism – Off market buyback mechanism, allowing redemption at NAV
- Experienced Real Estate Manager – 18-year track record, >$440m of private credit transactions over the last 8 years with no capital lost or impaired