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Metrics Master Income Trust ( (AU:MXT) ) just unveiled an update.
Metrics Master Income Trust (MXT) has announced a Unit Purchase Plan (UPP) allowing eligible unitholders to acquire new units at A$2.00 each, aiming to raise approximately A$120 million. This initiative is designed to provide non-bank finance to Australian companies, ensuring portfolio diversification and delivering value to investors. The funds will be managed by Metrics Credit Partners in line with MXT’s investment strategy, with the UPP scheduled to open on September 4, 2025, and close on September 26, 2025.
More about Metrics Master Income Trust
Metrics is an Australian-based alternative asset management firm specializing in direct lending to Australian companies. It actively participates in the Australian private credit market, fixed income, equity, and capital markets, managing various investment trusts, including the Metrics Master Income Trust (MXT), Metrics Income Opportunities Trust (MOT), and Metrics Real Estate Multi-Strategy Fund (MRE). As of the announcement date, Metrics manages over A$30 billion in assets.
Average Trading Volume: 1,998,066
Technical Sentiment Signal: Strong Buy
Learn more about MXT stock on TipRanks’ Stock Analysis page.