Announcement of Settlement of New Senior Loan Facility

360 Capital Mortgage REIT (ASX: $TCF) has settled a $13.04 million first mortgage residual stock loan facility, secured against a completed 16-lot residential subdivision in the growth corridor of northwestern Sydney. The loan is subject to a margin of 8.50% + BBSW, reflecting a current all-in interest rate of 12.90% with an interest rate floor of 12.00%. It is drawn to a 70.0% Loan to Value Ratio (LVR) for a term of 12 months, with interest paid monthly in advance and will be repaid through the proceeds from the sale of individual lots or refinance at expiry. The Fund will continue to pay monthly distributions in line with operating earnings.

Executive Commentary on Settlement of New Senior Loan Facility

We are pleased to announce the settlement of the $13.04 million senior loan facility, which is secured against a residential subdivision in northwestern Sydney. This settlement aligns with our strategy to provide investors access to credit opportunities secured by Australian real estate assets. The loan terms, including the margin, interest rate, and LVR, have been structured to manage risk and ensure the potential for returns. We remain committed to delivering regular monthly income to investors through disciplined asset selection and risk analysis.

Summary of Settlement of New Senior Loan Facility

360 Capital Mortgage REIT (ASX: $TCF) has successfully settled a $13.04 million senior loan facility secured against a completed residential subdivision in northwestern Sydney. The terms of the loan, including the margin, interest rate, and LVR, have been carefully structured to manage risk and maximize potential returns. The Fund will continue to pay monthly distributions in line with operating earnings, demonstrating its commitment to delivering regular income to investors. This settlement reflects the company's ongoing strategy to provide investors access to credit opportunities secured by Australian real estate assets and its dedication to disciplined asset selection and risk analysis.