Latest Private Credit News

360 Capital Group (ASX, TGP) has received an unconditional on-market takeover bid from TT Investments at $0.31 per stapled security. The Independent Board Committee unanimously recommends acceptance, supported by an Independent Expert's fair and reasonable opinion.

Revolution Private Credit Income Trust has reported a solid $3.4 million operating profit for its inaugural half-year period, delivering a net return of 0.93% since listing and outperforming its benchmark. The Trust also declared a distribution of 0.35 cents per unit for October 2025.

Boab Metals has locked in a A$236 million debt facility to advance its Sorby Hills Silver-Lead Project, marking a pivotal step towards production with a clean financing structure that preserves shareholder value.

Ironbark Capital reported an 8.4% portfolio return for FY25 and announced plans to rebrand and introduce quarterly dividends to address its persistent discount to net tangible assets.

MA Financial Group has contracted to acquire Queensland’s Hyperdome Town Centre for $678.7 million, funded by a $405 million equity raise, pushing its proforma assets under management to $14.7 billion. The group also closed a $230 million credit notes raising early due to strong demand.

DevEx Resources has appointed Marnie Finlayson, a seasoned mining executive from Rio Tinto, as Managing Director starting December 2025, signaling a strategic push in uranium and rare earth projects.

Associate Global Partners has signed a Memorandum of Understanding with Muzinich & Co. to develop a global private credit fund offering daily liquidity, pending a formal agreement.

Pengana Capital Group reports a steady increase in Funds Under Management to $3.84 billion as of October 2025, with a significant $69.1 million capital raise set to boost figures in November.

Cann Group Limited has finalized a $15.3 million settlement with National Australia Bank, releasing all security and closing loan facilities as part of a broader debt restructuring. The company is advancing a $9 million new loan and a $9 million capital raise, including a share purchase plan closing November 17.

Associate Global Partners Limited (AGP) reported robust FY25 results, with funds under management climbing to $1.464 billion, driven by stellar investment returns and successful capital raisings. The firm is advancing its distribution reach and launching new products to sustain momentum.

N1 Holdings Limited has expanded its funding capacity beyond $380 million through a major refinance and the launch of a new mortgage fund, positioning itself for growth in Australia's private credit market.

Wisr Limited has announced an $11.4 million equity raise alongside an upgraded FY26 outlook and a non-binding term sheet to refinance its debt at lower interest rates, positioning the fintech lender for profitability in the second half of FY26.