MXT completes institutional placement

The Trust Company Limited, which is a part of Perpetual Limited, and a responsible entity for the Metrics Master Income Trust (ASX: MXT) announced in regards to the Institutional Placement announcement on 30 May 2022, that it has received binding commitments for more than 93 million new ordinary fully paid units at AU$2.00 per new unit. The Trust Company Limited will issue up to 93,685,006 New Units in aggregate under the Placement to the institutional investors.

The proceeds from the Placement will be invested by Metrics Credit Partners Pty Ltd as a Trust’s manager, as per the investment mandate and target return of MXT and also in line with the product disclosure statement of The Trust Company Limited.

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