Pengana Global Private Credit Trust Launches Off-Market Buy-Back with Pricing Date of 31 March 2027

Manish Choudhary

12 November 2026 10:15 AM AEDT

Pengana Global Private Credit Trust Launches Off-Market Buy-Back with Pricing Date of 31 March 2027

Image Source: Krish Capital Pty Ltd

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Pengana Global Private Credit Trust (ASX:PCX) has released a Buy-Back Booklet disclosing the terms of an off-market buy-back offered to unitholders, with a Buy-Back Pricing Date set for Wednesday, 31 March 2027, as part of the trust's capital management initiatives.

Key Points

Pengana Investment Management Limited, as responsible entity, has issued a Buy-Back Booklet for Pengana Global Private Credit Trust (ARSN 673 024 489, ASX: PCX)
The off-market buy-back provides unitholders a mechanism to exit all or a portion of their investment in PCX
The Buy-Back Pricing Date is Wednesday, 31 March 2027
Participation in the buy-back is not compulsory; unitholders who do not wish to participate are not required to take any action

Off-Market Buy-Back Structure and Purpose

The Buy-Back Booklet has been issued by Pengana Investment Management Limited (ACN 063 081 612, AFSL 219 462) in its capacity as responsible entity for Pengana Global Private Credit Trust, an Australian managed investment scheme structured as a unit trust registered with ASIC and listed on the ASX. According to the filing, the buy-back is being offered as a mechanism for unitholders to apply to exit all or a portion of their investment in PCX and forms part of the capital management initiatives for the trust. The responsible entity reserves the right to withdraw or vary the timetable for implementing the buy-back without notice.

Unitholder Participation and Key Dates

The filing states that participation in the buy-back is not compulsory, and unitholders who do not wish to participate are not required to take any action. The Buy-Back Pricing Date has been set for Wednesday, 31 March 2027, with all times and dates described as indicative only and subject to change. Unitholders seeking to participate are directed to complete the accompanying Buy-Back Election Form. The filing notes that all times expressed refer to Sydney time unless stated otherwise, and all dollar references are to Australian dollars.

Risk Factors and Forward-Looking Statement Disclosures

The Buy-Back Booklet includes a summary of risk factors in Section 5 relating to the implementation of the buy-back, which the filing describes as non-exhaustive indicators of factors that may affect the financial and operating performance of the trust. The filing notes that the booklet may contain forward-looking statements subject to uncertainties, risks, and contingencies, many of which may be outside the control of the responsible entity. The responsible entity has stated it undertakes no obligation to provide additional or updated information except as required by law or regulation, including the ASX Listing Rules. The information in the booklet remains subject to change without notice.

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