Shaw and Partners has been appointed as a Co-Manager to the Perpetual Credit Income Trust (Trust) Initial Public Offering. The Trust intends to list on the ASX on the 14^th of May 2019 under the stock code ASX:PCI.

The Perpetual Credit Income Trust is managed by Perpetual Investment Management Limited. Perpetual Trust Services Limited is the responsible entity of the Trust and is seeking to raise a minimum of $150 million and up to $400 million through the issue of units at a subscription price of $1.10 per unit.

The Perpetual Credit Income Trust aims to generate sustainable, regular income by investing in a diversified portfolio of credit and fixed income assets. The initial target annualised distribution amount per unit, which will be paid monthly by the Trust, is 3.25% per annum (net of fees) on the subscription price.

The offer is open to investors with a registered address in Australia and New Zealand.

For more information or to obtain a copy of the Product Disclosure Statement, please contact your Shaw and Partners Adviser.

Perpetual’s experienced investment professionals

The Trust will be managed by one of Australia’s leading investment managers, Perpetual Investments. Michael Korber, Head of Credit and Fixed Income will manage the portfolio with the support of a specialist team, who currently have over $7.1 billion in funds under management in credit and fixed income, as at 31 December 2018. The senior portfolio managers of the Perpetual Credit and Fixed Income Team have been investing together at Perpetual for over a decade. Perpetual Investments will fund all Establishment Costs, meaning the full amount raised will be available for investment by the Manager of the Trust.

Disclaimer

The Product Disclosure Statement (PDS) is an important document which should be read in its entirety before making any investment decision. The Perpetual Credit Income Trust (ARSN 626 053 496) (Trust) is an Australian registered managed investment scheme. The PSD is issued by the Responsible Entity. The Responsible Entity of the Trust is Perpetual Trust Services Limited ACN 000 142 049 AFSL 236648 (Responsible Entity). The Responsible Entity has appointed Perpetual Investment Management Limited ACN 000 866 535 AFSL 234426 (Manager or Perpetual Investments) as Manager of the Trust under an Investment Management Agreement. The Manager is authorised to provide investment and other services to the Trust. The PDS is dated 8 March 2019 and a copy of the PDS was lodged with the Australian Securities & Investments Commission (ASIC) on that date. The PDS may be viewed online at www.perpetualincome.com.au.