MA1 - MA Credit Income Trust

[System]

FUND OVERVIEW

MA1 offers investors curated access to MA Financial’s flagship private credit strategies. These strategies have delivered consistent returns and outperformed traditional benchmarks for fixed income investments since inception.

Actively managed by a team of over 35 professionals based in Australia and the US as part of an institutional-grade asset management platform of over 180 people, MA1 aims to provide investors with consistent monthly income and focuses on preserving capital.

MA1 offers exposure to a diversified portfolio of Australian, New Zealand and global credit investments which span three core private credit market segments in which the Manager has a proven track record and specialist capabilities: direct asset lending, asset backed lending and direct corporate lending.

CAPITAL MANAGEMENT INITIATIVES

To supplement investors’ ability to buy and sell units on the ASX, MA1 will provide a number of unique capital management initiatives including:

• Regular off-market buy-backs of units by the Fund
• MA Financial funds and entities purchase of units on-market in the Fund from time to time
• On-market buy-backs by the Fund.

Please refer to the Product Disclosure Statement (PDS) for further information on investment strategy and portfolio composition of the Fund.

It is anticipated that MA1 will list on the ASX during March 2025.

MA Credit Income Trust | Credit | MA Financial

A simple way to access a range of MA Financial’s private credit strategies in a highly diversified portfolio across five core private credit market segments.

mafinancial.com

 

[Dona Ferentes]

curated access, eh?

Listing date	05 March 2025 #
Contact details	https://www.eqt.com.au/ Ph: +61 3 8623 5000
Principal Activities	Listed Investment Trust investing in private debt and credit investments
Issue Price	AUD 2.00
Issue Type	Ordinary Fully Paid Units
Security code	MA1
Capital to be Raised	$300,000,000
Expected offer close date	10 February 2025
Underwriter	Not underwritten. MA Moelis Advisory Pty Limited, Ord Minnett Limited, Shaw and Partners Limited, Canaccord Genuity (Australia) Limited, MST Financial Services Pty Limited (Joint Lead Managers)

 

[Dona Ferentes]

there will be lots of promo's like this

Why MA Financial is making its $3.7 billion portfolio available as an ASX-listed LIT

Find out how the MA Financial team narrow down a $15 billion opportunity set to the few projects they'll take on.

www.livewiremarkets.com

 

[Dona Ferentes]

IPO upsized by 10 per cent to $330 million to satisfy excess demand above the $300 million target. Bids will still need to be scaled back despite the increase in deal size.

The bookbuild officially closed at midday on Tuesday. MA1 is expected to commence trading on the ASX on 05 March.

MA Financial has pitched MA1 as a way for investors to access its $3.7 billion portfolio of private credit strategies. This is made up of direct asset lending, asset-backed lending and direct corporate lending. The trust is targeting returns of 4.25 per cent above the cash rate (4.35 per cent) over 12 months.

 

[Dona Ferentes]

$2.02

MA1 is proposing to issue up to 24,850,253 new fully paid ordinary units in MA1 at a price of $2.00 per New Unit to wholesale investors to raise up to A$49,700,506.

 

[Dona Ferentes]

since listing

 

[qldfrog]

since listing
View attachment 206731

I am in as an income tool.relatively recent.
Part of my income targetting portfolio until i can access super

 

[Dona Ferentes]

$2.07 ... (As at the close of business on Monday, 25 August 2025, the unaudited estimate of the Net Tangible Asset Backing per unit of the MA Credit Income Trust was $2.0116.)

ANNOUNCES $190.5 MILLION NON-RENOUNCEABLE ENTITLEMENT OFFER AND SHORTFALL OFFER​

• MA1 intends to raise up to ~$190.5 million via a 1 for 2 non-renounceable Entitlement Offer and Shortfall Offer
• New Units will be issued at A$2.00 per unit, representing a 3.4% discount to the last traded price of MA1
• Proceeds from the Offer will be deployed in accordance with MA1’s investment strategy

 

[qldfrog]

received the offer, 1 for 2 at $2 with current SP at $2.02
not exactly something to be excited..

 

[Dona Ferentes]

received the offer, 1 for 2 at $2 with current SP at $2.02
not exactly something to be excited..

its for the income bucket

 

[qldfrog]

its for the income bucket

the reason I have some in my income portfolio pending access to super
but do i participate and lock a buy at $2 vs $2.02 unaware at actual final allocation
for a 1% discount?