NEW YORK, Feb. 2, 2021 /PRNewswire/ -- Terra Income
Fund 6, Inc. (the "Company") announced the commencement of a
registered public offering of Notes (the "Notes"). The Company
expects to use the net proceeds from this offering to make
investments in its targeted investments in accordance with its
investment objectives and strategies and for general corporate
purposes.
The Notes are expected to be listed on the New York Stock
Exchange under the symbol "TFSA" and to trade thereon within 30
days of the original issue date.
Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg
Thalmann Financial Services Inc. (NYSE MKT: LTS), William Blair & Company L.L.C., and National
Securities Corporation, a wholly owned subsidiary of National
Holdings, Inc. (NASDAQ:NHLD) are acting as joint book-running
managers. Investors are advised to consider carefully the
investment objective, risks and charges and expenses of the Company
before investing.
A registration statement, including a prospectus, which is
preliminary and subject to completion, relating to the Notes has
been filed with the U.S. Securities and Exchange Commission (the
"SEC"), but has not yet become effective. The Notes may not be
sold, nor may offers to buy be accepted, prior to the time the
registration statement becomes effective. This press release does
not constitute an offer to sell or the solicitation of an offer to
buy, nor will there be any sale of, the Notes referred to in this
press release in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of such state or
jurisdiction.
The offering will be made only by means of a prospectus.
Copies of the preliminary prospectus relating to the offering may
be obtained for free by visiting the SEC's website at www.sec.gov
or may be obtained from of any of the following investment banks:
Ladenburg Thalmann, Attn: Syndicate Department, 640 5th Ave, 4th
Floor New York, NY 10019, or by
emailing prospectus@ladenburg.com (telephone number
1-800-573-2541); William Blair &
Company, L.L.C., Attn: Preferred Syndicate Department, the William
Blair Building, 150 North Riverside Plaza, Chicago, Illinois 60606 or by emailing
astout@williamblair.com (telephone number 312-364-8095); or
National Securities Corporation, Attn: Syndicate Department, 200
Vesey Street, 25th Floor New York,
NY 10281, or by emailing
prospectusrequest@nationalsecurities.com (telephone number
1-212-417-3634). The preliminary prospectus contains a
description of these matters and other important information about
the Company and should be read carefully before investing.
About Terra Income Fund 6, Inc.
Terra Income Fund 6, Inc. is an externally managed, specialty
finance company that invests primarily in commercial real estate
loans, preferred equity real estate investments and select
commercial real estate-related debt securities of private
companies. The Company's primary investment objectives are to pay
attractive and stable cash distributions and to preserve, protect
and return capital contributions to stockholders. The Company is a
non-diversified, closed-end management investment company that has
elected to be regulated as a business development company ("BDC")
under the Investment Company Act of 1940, as amended (the "1940
Act"), and to be taxed as a real estate investment trust ("REIT")
under the Internal Revenue Code of 1986, as amended (the "Code").
The Company is externally advised by Terra Income Advisors, LLC, an
affiliate of Terra Capital Partners.
Cautionary Notice Regarding Forward-Looking
Statements
This press release may contain forward-looking statements within
the meaning of the federal securities laws because they relate to
future events or the Company's future performance or financial
condition. All statements, other than statements of historical
facts, including, among others, statements regarding the Company's
intended use of proceeds from the offering noted above, future
financial position or operating results, future distributions and
dividends, and future performance, are forward-looking statements.
Those statements include statements regarding the intent, belief,
or current expectations of the Company, as well as the assumptions
on which such statements are based, and generally are identified by
the use of words such as "may," "will," "seeks," "anticipates,"
"believes," "estimates," "expects," "plans," "intends," "should,"
or similar expressions, although not all forward-looking statements
may contain such words. Forward-looking statements are not
guarantees of future events or performance and involve risks and
uncertainties that actual results may differ materially from those
contemplated by such forward-looking statements. Many of these
factors are beyond the Company's abilities to control or predict.
Such factors include, but are not limited to, (i) the Company's
future operating results; (ii) the potential negative impacts of
COVID-19 on the global economy and the impacts of COVID-19 on the
Company's financial condition, results of operations, liquidity and
capital resources and business operations; (iii) actions that may
be taken by governmental authorities to contain the COVID-19
outbreak or to treat its impact; (iv) the Company's business
prospects and the prospects of its portfolio companies; (v) the
impact of the investments that the Company expects to make; (vi)
the ability of the Company's portfolio companies to achieve their
objectives; (vii) the Company's current and expected financings and
investments; (viii) the adequacy of the Company's cash resources,
financing sources and working capital; (ix) the timing and amount
of cash flows, distributions and dividends, if any, from the
Company's portfolio companies; (x) the Company's contractual
arrangements and relationships with third parties; (xi) actual and
potential conflicts of interest with any of the following
affiliated entities: Terra Income Advisors, LLC, the Company's
investment adviser; Terra Capital Partners, LLC, the Company's
sponsor; Terra REIT Advisors, LLC, a subsidiary of the Company's
sponsor; Terra Fund Advisors, LLC, an affiliate of the Company's
sponsor; Terra Secured Income Fund, LLC; Terra Property Trust,
Inc.; Terra Property Trust 2, Inc.; Terra International Fund 3
REIT, LLC; Terra Capital Advisors, LLC; Terra Capital Advisors 2,
LLC; Terra Income Advisors 2, LLC; or any of their affiliates;
(xii) the dependence of the Company's future success on the general
economy and its effect on its investments; (xiii) the Company's use
of financial leverage; (xiv) the ability of the Company's advisor
to locate suitable investments for the Company and to monitor and
administer the Company's investments; (xv) the ability of the
Company's advisor or its affiliates to attract and retain highly
talented professionals; (xvi) the Company's ability to elect to be
taxed as, and maintain thereafter, its qualification as a REIT
under the Code and as a BDC under the 1940 Act; (xvii) the impact
on the Company's business of the Dodd-Frank Wall Street Reform and
Consumer Protection Act of 2010 and the rules and regulations
issued thereunder; (xviii) the effect of changes to tax legislation
and the Company's tax position; and (xix) the tax status of the
enterprises in which the Company invests. Additional information
concerning factors that could cause actual results to differ
materially from those forward-looking statements is contained from
time to time in the Company's filings with the SEC. The Company
refers you to the sections entitled "Risk Factors" and
"Special Note Regarding Forward-Looking Statements" contained in
the Company's registration statement on Form N-2 which relates to
this offering. Copies of each filing may be obtained from the
Company or the SEC.
Terra Media Contacts
Jonathan
Keehner / Julie Hamilton
Joele Frank, Wilkinson Brimmer
Katcher
(212) 355-4449
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SOURCE Terra Capital Partners