---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-072549"
form_type: "8-K"
ticker: "TPTA"
cik: "0001674356"
company_name: "Terra Property Trust, Inc."
filed_at: "2026-06-11T10:11:43+00:00"
generated_at: "2026-06-11T10:15:20.573839+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Terra Property Trust extends exchange offer to June 25; projects cash inflows of $47.1M vs outflows up to $51.9M

## Summary
- Exchange offer for 6.00% Senior Notes due June 30, 2026 extended to June 25, 2026; new terms include 11.00% rate, first-lien collateral, shorter maturity.
- Cash flow projections (Apr-Sep 2026): $47.1M inflows vs $51.9M outflows (65.7% participation) or $37.9M outflows (full participation).
- June cash payments on Existing Notes: $27.7M (partial) or $13.6M (full); $13.3M secured borrowing repayment due Sept.
- Anticipated $31.6M from multifamily equity monetization in Sept; $6M distributions from equity/preferred equity expected May-June.

## SEC filing metadata
- accession: 0001104659-26-072549
- form_type: 8-K
- ticker: TPTA
- cik: 0001674356
- company_name: Terra Property Trust, Inc.
- filed_at: 2026-06-11T10:11:43+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674356/000110465926072549/0001104659-26-072549-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674356/000110465926072549/tm2617568d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-072549
- JSON: https://secwatch.observer/filing/0001104659-26-072549.json
- Plain text: https://secwatch.observer/filing/0001104659-26-072549.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.