{"url_path":"/sec/tpta/8-k/2026-06-11/item-7-01","section_key":"item-7-01","section_title":"Item 7.01 Regulation FD Disclosure.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-11","source_url":"https://www.sec.gov/Archives/edgar/data/1674356/0001104659-26-072549-index.html","accession_number":"0001104659-26-072549","cik":"0001674356","ticker":"TPTA","issuer_name":"Terra Property Trust, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1674356/0001104659-26-072549-index.html","primary_entity_key":"0001674356","primary_entity_name":"Terra Property Trust, Inc."},"word_count":536,"has_tables":true,"body_markdown":"**Item 7.01 Regulation FD Disclosure.**\n\n \n\n**Cash Flow Projections**\n\n \n\nOn June 10, 2026, Terra Property Trust, Inc.,\na Maryland corporation (the “Company”), as part of Amendment No. 2 to its Form S-4 (the “Amendment”)\nfor its previously announced exchange offer (the “Exchange Offer”) to exchange all validly tendered unsecured 6.00% Senior\nNotes due June 30, 2026, issued by the Company (the “Existing Notes”) for a combination of (i) new 11.00% Senior\nSecured Notes due July 1, 2027 to be issued by the Company (the “Exchange Notes”) and (ii) cash, disclosed certain\ninformation relating to its cash flow projections. Capitalized terms used but not defined herein have the meanings ascribed to them\nin the Amendment.\n\n \n\nBased on the Company’s current\nprojections, from April 1, 2026 through September 30, 2026, it expects aggregate cash inflows from its portfolio of approximately\n$47.1 million and aggregate cash outflows from its portfolio of (i) approximately $51.9 million, assuming participation in the Exchange\nOffer only by holders representing approximately $35.8 million (or 65.7% of the aggregate principal amount) of the outstanding Existing\nNotes that have provided a non-binding indication of interest regarding participation in the Exchange Offer, or (ii) approximately\n$37.9 million, assuming all holders of Existing Notes participate in the Exchange Offer, in each case excluding transaction expenses.\nSignificant projected cash outflows during this period include approximately $27.7 million, assuming participation only by holders representing\napproximately $35.8 million (or 65.7% of the aggregate principal amount) of the outstanding Existing Notes that have provided a non-binding\nindication of interest regarding participation in the Exchange Offer, or approximately $13.6 million, assuming full participation in the\nExchange Offer, in each case relating to cash payments in respect of Existing Notes in June 2026, approximately $13.3 million relating\nto the repayment of a secured borrowing associated with a multifamily equity investment in September 2026 in connection with the\nanticipated monetization of such investment, approximately $1.6 million relating to capital contributions to an equity investment, and\nthe remainder primarily comprised of scheduled debt service, operating expenses and other corporate expenditures. Significant projected\ncash inflows during this period include approximately $5.7 million from the partial repayment of a mezzanine loan secured by an infill\nland property expected in June 2026, approximately $6.0 million of projected distributions from certain equity and preferred equity\ninvestments expected during May and June 2026, approximately $4.1 million from the disposition of an industrial equity investment\ncompleted during April 2026 and approximately $31.6 million from the anticipated monetization of a multifamily equity investment\nexpected in September 2026. These projections are based on current assumptions and expectations and are subject to change. There\ncan be no assurance that any anticipated repayments, dispositions, monetizations, distributions or other liquidity events will occur on\nthe timing currently anticipated, on the terms currently contemplated or at all.\n\n \n\nThe information included in this Item 7.01 to\nthis Current Report on Form 8-K is deemed “furnished” and not filed under the Securities Exchange Act of 1934, as amended\n(the “Exchange Act”), and shall not be incorporated by reference into any registration statement or other document filed under\nthe Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing."}