Shaw and Partners is delighted to be appointed as Joint Lead Manager to the proposed IPO of PIMCO Global Income Opportunities Trust.

The Company is seeking to raise approximately A$502.5 million at the subscription price of $2.00 per unit (with the Company reserving the right to take up to an additional A$201.0 million based on oversubscription facilities).

PIMCO, one of the world’s premier fixed income investment managers with $2.2tn of firm wide assets under management, has released details of its first listed investment trust for Australian investors, as it begins a three-week national roadshow to promote the Trust. The PIMCO Global Income opportunities Trust (PMX) aims to deliver regular income and attractive risk adjusted returns by targeting PIMCO’s best income-generating ideas across multiple fixed income sectors globally.

The Trust will be managed by a team that includes three of PIMCO’s most senior portfolio managers: Dan Ivascyn, Managing Director and Group Chief Investment Officer; Rob Mead, Managing Director, Head of Australia and Co-head of Asia-Pacific Portfolio Management; and Alfred Murata, Managing Director and Portfolio Manager, Mortgage Credit. Other members of the Portfolio Management team are Adam Bowe, Portfolio Manager, Australia; Giang Bui, Portfolio Manager, Securitized Debt; and Jing Yang, Portfolio Manager, Structured Credit.

PMX is aiming to raise an amount of A$500 million and expects to begin trading on the Australian Securities Exchange on 21 April 2022. It is targeting a distribution of 4.75% to 5.75% per annum, paid monthly.

For more information or to receive a copy of the Prospectus, please contact your Shaw and Partners Adviser.