Perpetual Credit Income Trust (PCI) has closed its Shortfall Offer ahead of schedule due to robust investor interest, while maintaining its planned Entitlement Offer timetable.
Perpetual Credit Income Trust (PCI) has announced a $267 million entitlement and shortfall offer priced at $1.10 per unit, aiming to bolster its investment capacity in Australian credit markets. The offer presents a 9.1% discount to recent trading prices and is designed to enhance liquidity and scale for existing and new investors.
Perpetual Credit Income Trust (PCI) has announced a $267 million entitlement offer priced at a 9.1% discount, aiming to bolster its investment capacity. The offer includes a shortfall facility and top-up options for eligible unitholders and wholesale investors.
Perpetual Credit Income Trust reported a 20.7% increase in net assets to $532.8 million for FY25, while posting a modest profit decline amid challenging market conditions. The Trust’s $93 million capital raise and diversified credit portfolio underpin its strategy for stable income and growth.
Perpetual Credit Income Trust has announced an estimated ordinary dividend of AUD 0.00686177 per unit for the month ending January 31, 2025, with a Dividend Reinvestment Plan available to investors.