Media release: Clayton Utz acts for Joint Lead Managers on $400 million IPO and ASX listing of Revolution Private Credit Income Trust

EV has become the fifth private credit trust to list on the ASX this year, reflective of the continued growth of and investor interest in the debt-focused Listed Investment Trust (LIT) market.

The IPO was managed and arranged by Morgans Financial Limited, E&P Capital Pty Ltd, National Australia Bank Limited, Canaccord Genuity (Australia) Limited and Commonwealth Securities Limited who acted as Joint Lead Arrangers and Joint Lead Managers. They were joined by Wilsons Corporate Finance Limited, MST Financial Services Pty Limited, and Shaw and Partners Limited, who also acted as Joint Lead Managers.

Clayton Utz corporate partner Brendan Groves led the team advising the Joint Lead Manager syndicate alongside special counsel Kate Allison and senior associate Sacha Fitzpatrick.

Commenting on the transaction, Mr Groves said:

The strong investor demand for REV highlights the growing appetite for income-focused private credit strategies in Australia. We are proud to have supported the Joint Lead Managers on this transaction.