Shaw and Partners is pleased to be appointed Co-Manager to the Metrics Credit Partners MCP Master Income Trust IPO.

MCP Master Income Trust (Trust) is seeking to raise up to $500 million through the issue of units at a subscription price of $2.00 per unit.

The Trust seeks to provide investors with direct exposure to the Australian corporate loan market, a market which is dominated by regulated banks and is not easy to access for non-bank investors. Through investments in and alongside Wholesale Funds managed by MCP, investors will gain access to monthly income, low risk of capital loss and a diversified portfolio. The Trust seeks to achieve this by creating a diversified exposure of loans to Australian companies which broadly reflect activity in the corporate loan market and with the resultant diversity by borrower, industry and credit quality.

Metrics Credit Partners is an active participant in Australia’s corporate loan market and has extensive experience in direct lending to Australian companies alongside banks. Since launching its initial wholesale fund, the Metrics Credit Partners Diversified Australian Senior Loan Fund, in June 2013, and then the Metrics Credit Partners Secured Private Debt Fund in November 2015, MCP has steadily grown its assets under management to in excess of $2 billion.

The MCP Master Income Trust will target a return of the RBA Cash Rate plus 3.25% per annum net of fees (currently 4.75%) and intends to pay cash distributions monthly.

For more information, please contact your Shaw and Partners’ Adviser.