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News and Announcements

NTA Securities Highlights for October 2014

  • Published October 16, 2014 10:23AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

Highlights for Oct 2014
NTA Securities’ capital base continued to be fully deployed to Australian SMEs, providing strong cash flows and excellent return on equity throughout the quarter.

This monetary strength was reinforced by no loan covenant breaches and the receipt of all interest payments as set out in the loan documents. The corporate loan book continues to be defined as stable.

The risk profile of the loan portfolio remains strong with the loan to value ration at less than 40%.

BDO, NTA Securities’ auditor, is to finalise the Company audit for the financial period through until June 30 2014 by 30 October 2014.

Demand for corporate loans by well managed SMEs who can provide strong security to support a loan facility continues to be strong.

Outlook
NTA Securities has received strong demand for loan finance for corporate clients but has not been in a position to approve corporate client applications due to existing capital being fully deployed.

NTA Securities are of the view that this continued strong demand for corporate loans provides an ideal opportunity to eligible investors to participate in the demand and achieve superior returns.

NTA Securities Series 2 – Secured Note
NTA Securities has launched a “Secured Note” to eligible investors. Key features include:
2 year term
Interest rate 9.5%
Coupon paid quarterly December, March, June, September
Principal amount $10,000
Minimum investment $100,000 (ie minimum 10 Notes)
Additional investment in lots of $10,000
100% participation (ie no application fee)
Independent Trustee

Investment Performance

Month Quarter Inception Annualized
Coupon Series 1 0.76% 2.34% 3.89% 9.37%
Qtr Coupon Payment 2.34% 3.89% 9.37%
Benchmark* 0.11% 0.11% 1.02% 3.69%

*S&P/ASX Australian Fixed Interest 1-5 Year Index
June 30th Quarterly coupon payment paid by 15th July 2014.
September 30th coupon payment paid 5th October 2014.

Objectives
NTA is a Australian public company (unlisted) and is in the business of providing loan finance to approved corporate applicants.

Auditor: BDO Sydney
Trustee: Lowell Capital, Melbourne

Security
Security is registered under the Personal Property Securities Act 2009 (Cth).

Once a registration is correctly lodged electronically it is said to be perfected. Only on completion of this process will the funds be forwarded to the successful applicant.

A Note From Our Directors
Australian macro economic climate remains very positive. The dollar at near seven month low, the Reserve Bank reiterating a period of stability for interest rates at historical lows and the Christmas retail business cycle upon us is positive for SME’s.
Demand for capital by SME’s remains strong. Eligible investors can take advantage of the positive climate in Australia and support Australian SME’s by subscribing to the Series 2 – Secured Note Issue. We look forward to receiving your enquiry for the Information Memorandum and subscribing to the Secured Note.

Thanks in advance,
— Lindsay, Stephen and Anthony.

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