trending Market Intelligence /marketintelligence/en/news-insights/trending/39tuvtkSeqeJgnDnr57cGQ2 content esgSubNav
In This List

Terra Property Trust files to register common stock

Podcast

Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Podcast

Street Talk | Episode 97: Recessionary fears still keeping bank investors on the sidelines

Blog

Making sanctions effective: Key themes for banks


Terra Property Trust files to register common stock

Terra Property Trust Inc. filed a Form 10 to voluntarily register its common shares.

When the registration becomes effective, the New York-based company will be required to file quarterly reports on Form 10-Q, annual reports on Form 10-K and current reports on Form 8-K, and otherwise comply with the applicable disclosure obligations of the Securities Exchange Act of 1934.

Terra Property Trust is a real estate credit-focused company that originates, structures, funds and manages commercial real estate credit investments in the U.S.

As of June 30, the company held a net investment portfolio of 25 investments in 11 states with an aggregate net principal balance of $289.7 million, a weighted average coupon rate of 10.2%, a weighted average loan-to-value ratio of 69.1% and a weighted average remaining term to maturity of 2.1 years, according to the Form 10.