Arena investors calls for greater transparency from terra property trust and seeks explanation for the company's downgraded debt

Arena publishes letter outlining concerns with terra's downgraded notes due 2026 letter outlines how terra has neglected to respond to requests for information, failing to uphold its responsibilities to investors new york , sept. 6, 2024 /prnewswire/ -- arena investors, lp ("arena") on behalf of its investors, holders of $5 million in aggregate principal amount of 6.00% notes due 2026 of terra property trust, inc. ("terra") (nyse: tpta), today sent a letter to the terra board of directors expressing its concerns with the lack of response to questions around the repeated downgrades of the notes.
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