Pengana Global Private Credit Trust (ASX: PCX) is gearing up for its anticipated listing on the Australian Securities Exchange (ASX) next month. The Trust, managed by Pengana Capital Group, offers investors an opportunity to invest in global private debt markets.
Key Details:
- Listing Date: June 20, 2024
- Company Contact: Pengana Global Private Credit Trust
- Phone: +61 2 8524 9900
- Principal Activities: Listed Investment Trust investing in global private debt
- Issue Price: AUD 2.00
- Issue Type: Ordinary Fully Paid Shares
- Security Code: PCX
- Capital to be Raised: $250,000,000
- Expected Offer Close Date: June 6, 2024
- Lead Managers: Taylor Collison Limited, Morgans Financial Limited, Shaw and Partners Limited.
Investment Strategy:
Pengana Global Private Credit Trust aims to provide investors with exposure to a diversified portfolio of private credit assets across various sectors and geographies globally. The Trust focuses on generating attractive risk-adjusted returns while preserving capital.
Offer Details:
- Issue Price: AUD 2.00 per share
- Capital to be Raised: $250,000,000
- Issue Type: Ordinary Fully Paid Shares
Lead Managers:
The listing of Pengana Global Private Credit Trust is being facilitated by Taylor Collison Limited, Morgans Financial Limited, and Shaw and Partners Limited, acting as joint lead managers.
Investor Outlook:
The Trust’s listing provides investors with an opportunity to diversify their portfolios and gain exposure to global private debt markets. With an experienced management team and a focus on generating attractive risk-adjusted returns, Pengana Global Private Credit Trust is well-positioned to capitalize on opportunities in the private credit space.
Pengana Global Private Credit Trust’s upcoming listing on the ASX presents an exciting opportunity for investors to gain access to a diversified portfolio of private credit assets globally. With a robust investment strategy and the support of experienced lead managers, the Trust is expected to deliver value to its shareholders over the long term.
