Terra Property Trust, Inc.

EFFECT effective

Terra Property Trust, Inc. has filed a Notice of Effectiveness for its $60 million senior secured notes due 2029 under Form S-4. The offering includes an anchor investment of up to $16 million from affiliated funds and institutional investors. The notes are secured by collateral, with specific redemption terms and payment schedules. The company intends to list the notes on the NYSE, though no public market currently exists.

S-11/A amended

Terra Property Trust, Inc. is offering $60 million in senior secured notes due 2029, with an anchor investment of up to $16 million from affiliated funds. The notes mature on March 31, 2029, and include revised redemption terms allowing early redemption starting March 31, 2027, with varying premiums. The filing highlights risks related to liquidity, subordination, and market uncertainties.

S-11/A amended

Terra Property Trust, Inc. filed an S-11/A registration statement for $60 million in senior secured notes due 2029. The filing includes amendments to the anchor investment details, specifying participation from Axar Capital Management and Mavik Capital Management. The notes are secured by collateral, will trade on the NYSE, and involve significant risks including market speculation and structural subordination. The company remains an emerging growth company with reduced reporting requirements.

S-11/A amended

Terra Property Trust, Inc. is offering $60 million in senior secured notes due 2029, with an anchor investment from affiliated funds. The notes are secured by liens on certain subsidiaries' assets, rank senior to unsecured debt, and are subject to structural subordination. The company intends to list the notes on the NYSE, though no public market exists yet. Risks include lack of liquidity, subordination to other debts, and uncertainty around the anchor investment.

S-11/A amended

Terra Property Trust, Inc. is offering $X million in aggregate principal amount of senior secured notes due 20XX, with an anchor investment from Mavik Capital Management, LP. The notes will be listed on the NYSE and are subject to redemption terms, collateral coverage ratios, and structural subordination. The filing emphasizes risks related to market conditions, REIT compliance, and the company's reliance on its external manager.

S-11 filed

Terra Property Trust, Inc. is offering $X million in aggregate principal amount of 6.5% senior secured notes due 2030, which will be listed on the NYSE under the symbol 'TPTR.' The notes are secured by liens on certain subsidiary capital interests and will be senior to unsecured debt but subordinated to collateralized debt. The company, structured as a REIT, aims to provide high current income through real estate investments, with proceeds from the offering intended for portfolio expansion and operational needs. The offering includes underwriting discounts and estimated expenses, with delivery expected via DTC.

EFFECT effective

Terra Property Trust, Inc. filed a Form S-4 with the SEC, indicating the effectiveness of its registration statement for 6.00% Notes due 2026. The filing confirms the securities' registration under the Securities Act of 1933, with the notes previously described in a June 2021 prospectus. The current notice marks the formal effectiveness of the registration, enabling public trading of the notes.

8-A12B effective

Terra Property Trust, Inc. filed Form 8-A12B to register 6.00% Notes due 2026 for listing on the New York Stock Exchange. The filing incorporates by reference the preliminary and final prospectuses from its S-11 registration statement, detailing the notes' terms, including interest payments, redemption options, and unsecured nature. The notes are structured as direct obligations of the company, ranking pari passu with other unsecured debt but subordinated to secured indebtedness.

EFFECT effective

Terra Property Trust, Inc. filed a Notice of Effectiveness for its S-11 registration statement, confirming the availability of $40 million in unsecured notes. The notes, issued at 96.875% of par, will rank pari passu with other unsecured debt and be listed on the NYSE under the symbol 'TPTA'. The company, structured as a REIT, is externally managed by Terra REIT Advisors, LLC, and faces risks related to its unsecured debt structure, lack of a public trading market, and reliance on its manager. The filing also highlights potential redemption terms and subordination to secured indebtedness.

S-11/A amended

Terra Property Trust, Inc. is offering $40 million in aggregate principal amount of unsecured notes due 2021, with terms including interest payments, optional redemption, and pari passu ranking with existing unsecured debt. The notes are structurally subordinated to subsidiary obligations and secured indebtedness. The company seeks NYSE listing, but no public market exists, and investing involves high risk. The filing includes underwriting details, proceeds, and risk disclosures.

S-11/A amended

Terra Property Trust, Inc. is offering $40 million in aggregate principal amount of unsecured notes due 2021, with interest payments starting in 2021. The notes will rank pari passu with other unsecured debt but are structurally subordinated to secured indebtedness and subsidiaries' obligations. The offering includes an underwriting discount of 3.125%, yielding $38.75 million in proceeds before expenses. The notes are expected to list on the NYSE under symbol TPTA, with no guaranteed public market. The company, structured as a REIT, is externally managed by Terra REIT Advisors, LLC.

S-11/A amended

Terra Property Trust, Inc. is offering $75 million in aggregate principal amount of 8.0% notes due 2026, with an option for underwriters to purchase additional notes. The notes are unsecured, rank pari passu with general liabilities, and are structurally subordinated to subsidiary debt. The company intends to list the notes on the NYSE under the symbol TPTA, with trading expected to commence within 30 days. The filing includes updated details on underwriting discounts, proceeds, and risk disclosures related to the speculative nature of the investment and lack of a public market.

S-11 filed

Terra Property Trust, Inc. is offering $75 million in aggregate principal amount of unsecured notes due 2021, intended to fund commercial real estate credit investments. The notes are structurally subordinated to subsidiary debts and unsecured, ranking pari passu with other unsecured obligations. The company, an emerging growth company, is externally managed and seeks NYSE listing, though no public market exists for the notes. Investment involves significant risks, including liquidity constraints and subordination risks.