{"url_path":"/sec/tpta/8-k/2026-06-15/item-7-01","section_key":"item-7-01","section_title":"Item 7.01 Regulation FD Disclosure.**","topic":"sec","document":{"doc_type":"8-K/A","doc_date":"2026-06-15","source_url":"https://www.sec.gov/Archives/edgar/data/1674356/0001104659-26-073711-index.html","accession_number":"0001104659-26-073711","cik":"0001674356","ticker":"TPTA","issuer_name":"Terra Property Trust, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1674356/0001104659-26-073711-index.html","primary_entity_key":"0001674356","primary_entity_name":"Terra Property Trust, Inc."},"word_count":529,"has_tables":true,"body_markdown":"** **\n\n**Item 7.01 Regulation FD Disclosure.**\n\n \n\n**Cash Flow Projections**\n\n** **\n\nOn June 10, 2026, the Company, as part of Amendment\nNo. 2 to its Form S-4 (the “Amendment”) for its previously announced exchange offer (the “Exchange Offer”) to\nexchange all validly tendered unsecured 6.00% Senior Notes due June 30, 2026, issued by the Company (the “Existing Notes”)\nfor a combination of (i) new 11.00% Senior Secured Notes due July 1, 2027 to be issued by the Company (the “Exchange Notes”)\nand (ii) cash, disclosed certain information relating to its cash flow projections. Capitalized terms used but not defined herein\nhave the meanings ascribed to them in 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 $47.1\nmillion and aggregate cash outflows from its portfolio of (i) approximately $51.9 million, assuming participation in the Exchange Offer\nonly by holders representing approximately $35.8 million (or 65.7% of the aggregate principal amount) of the outstanding Existing Notes\nthat have provided a non-binding indication of interest regarding participation in the Exchange Offer, or (ii) approximately $37.9 million,\nassuming all holders of Existing Notes participate in the Exchange Offer, in each case excluding transaction expenses. Significant projected\ncash outflows during this period include approximately $27.7 million, assuming participation only by holders representing approximately\n$35.8 million (or 65.7% of the aggregate principal amount) of the outstanding Existing Notes that have provided a non-binding indication\nof interest regarding participation in the Exchange Offer, or approximately $13.6 million, assuming full participation in the Exchange\nOffer, in each case relating to cash payments in respect of Existing Notes in June 2026, approximately $13.3 million relating to the repayment\nof a secured borrowing associated with a multifamily equity investment in September 2026 in connection with the anticipated monetization\nof such investment, approximately $1.6 million relating to capital contributions to an equity investment, and the remainder primarily\ncomprised of scheduled debt service, operating expenses and other corporate expenditures. Significant projected cash inflows during this\nperiod include approximately $5.7 million from the partial repayment of a mezzanine loan secured by an infill land property expected in\nJune 2026, approximately $6.0 million of projected distributions from certain equity and preferred equity investments expected during\nMay and June 2026, approximately $4.1 million from the disposition of an industrial equity investment completed during April 2026 and\napproximately $31.6 million from the anticipated monetization of a multifamily equity investment expected in September 2026. These projections\nare based on current assumptions and expectations and are subject to change. There can be no assurance that any anticipated repayments,\ndispositions, monetizations, distributions or other liquidity events will occur on the timing currently anticipated, on the terms currently\ncontemplated 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."}