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TCF — 360 Capital Mortgage Reit News Story

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Brief: 360 Capital Appoints Trades To Complete Work, Selling Agents On All 25 Properties

BRIEF-360 Capital Appoints Trades To Complete Work, Selling Agents On All 25 Properties

- 360 Capital Mortgage Reit TCF.AX:

  • COMPLETED OR APPOINTED TRADES TO COMPLETE ALL WORK, APPOINTED SELLING AGENTS ON ALL 25 PROPERTIES SECURING TWO LOANS

  • PRIVATE CAPITAL PARTNERS VIA 360 CAPITAL PRIVATE CREDIT FUND PURCHASED SENIOR DEBT FACILITY TO PROJECT FOR A$31.2 MILLION

  • TRUST HAS COMMITTED A$5.2 MILLION OF THE A$31.2 MILLION AS A CLASS B UNIT

  • TRUST COMMITTED UP TO A$6.0 MILLION SUBORDINATED DEBT TO COMPLETE PROJECT, OBTAIN OCCUPANCY CERTIFICATES TO 72 APT PROJECT


Further company coverage: TCF.AX


((Reuters.Briefs@thomsonreuters.com;))

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