secwatch.observer — SEC 8-K summary
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Issuer:     Terra Property Trust, Inc. (TPTA)
CIK:        0001674356
Form:       8-K
Filed at:   2026-06-29T12:00:31+00:00
Accession:  0001104659-26-078505
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Terra Property Trust completes exchange offer; 66.4% of 6% notes tendered for 11% secured notes
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- $36,208,750 principal of Existing 6.00% Senior Notes due 2026 tendered (66.4% of total outstanding).
- Each $1,000 Existing Note exchanged for new 11.00% Senior Secured Notes due July 1, 2027 plus cash.
- New secured notes extend maturity by one year; coupon increased from 6% to 11%.
- Ladenburg Thalmann served as dealer manager; D.F. King as exchange agent.
- Exchange offer expiring June 26, 2026; consummation subject to conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674356/000110465926078505/0001104659-26-078505-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674356/000110465926078505/tm2619263d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-078505

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