Terra Property Trust, Inc. 8-K

What Happened
Terra Property Trust, Inc. (TPTA) filed an 8-K on March 12, 2026 to furnish a press release that provides certain financial information as of December 31, 2025 and additional details about its previously announced exchange offers. The Exchange Offers would exchange the Company’s and its subsidiary Terra Income Fund 6, LLC’s (TIF6) outstanding near‑term notes for newly issued 7.00% Senior Secured Notes due 2029. The press release is attached as Exhibit 99.1 to the filing.

Key Details

• The Company provided financial information as of December 31, 2025 for Terra Property Trust and its wholly owned subsidiary, TIF6.
• Exchange Offers: holders may exchange (a) TPT Notes — 6.00% Senior Notes due June 30, 2026 — and (b) TIF6 Notes — 7.00% Senior Notes due March 31, 2026 — for newly issued 7.00% Senior Secured Notes due 2029.
• A related Consent Solicitation was disclosed concerning amendments to the TPT Notes.
• The Exchange Offers and Consent Solicitation are described in the Company’s pre‑effective Registration Statement on Form S-4 (File No. 333-293479).

Why It Matters
This filing updates investors that the company is seeking to address near‑term 2026 maturities by offering to replace existing notes with new secured notes due in 2029, which would extend the debt maturity profile and change security and contractual terms for noteholders. Investors should review the attached press release and the S-4 registration materials for full terms, potential effects on credit structure and liquidity, and any impact on cash interest obligations or covenant changes.