ACTC No 1 (Lot N) Pty Ltd Seeks AUD 2 Million via Loan Notes Offer
News related to:ACTC No 1 (Lot N) Pty Ltd · 1 min read
MELBOURNE, Australia, Nov. 12, 2026 /CourierPR/ -- ACTC No 1 (Lot N) Pty Ltd, with Australian Company Number 703 085 858, is seeking to raise AUD 2,000,000 by issuing senior secured loan notes. The underwriter, Banner Capital Management Limited, has announced the details of this fundraising initiative.
According to the terms of the offer, the loan notes will be issued progressively, with the underwriter initially subscribing for the issued notes on 6 November 2026. The offer is targeted at qualified 'wholesale investors' as defined under the Corporations Act 2001 (Cth). The offer is structured to meet the 'public offer test' in section 128F(3)(e) of the Income Tax Assessment Act 1936 (Cth), which provides an exemption from Australian interest withholding tax for non-Australian noteholders.
Banner Capital Management Limited, an Australian-based alternate asset manager, has been providing attractive risk-adjusted returns to its investors since 2012. The underwriter has agreed to offer the loan notes to investors who are classified as 'professional investors' or 'sophisticated investors' under the Corporations Act. By accepting the offer, investors represent that they are Wholesale Investors, as defined by the Corporations Act.
The notes are not registered under the US Securities Act of 1933, as amended (Securities Act), and may not be offered, sold, or delivered within the United States or to U.S. persons, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The offer of Notes is only available to domestic and foreign investors who are qualified as "professional investors" or "sophisticated investors" as defined under the Corporations Act.
The offer will expire on 6 December 2026, and interested financiers and those in the business of dealing in debentures will be required to provide customary representations, warranties, and information about their status to assist the Issuer in demonstrating compliance with section 128F of the Income Tax Assessment Act (Cth).