JEFFERSON CITY—(BUSINESS WIRE)—Build Secured Income Fund I (the “Fund”), an asset-backed lending private credit fund, and Build Asset Management, today announced preparations for a secured note offering (the “Notes”) with an anticipated early Q1 2025 launch. The Fund intends to use the net proceeds of the Notes for general corporate purposes, including the purchase of asset-backed loans within the small- and mid-market corporate direct lending space.

• The Notes have obtained an investment grade written indicative rating from a Nationally Recognized Statistical Rating Organization (NRSRO)
• Anticipated 2 – 3-year term
• Initial price talk at Secured Overnight Financing Rate (SOFR) plus 300 – 400 bps

This press release is neither an offer to sell nor a solicitation of an offer to buy any security, nor is it an offer of any sort of investment advice. Terms, timing, and pricing on the Notes may change. The Notes will not be, and have not been, registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws. Disclosures related to the Fund, including risk factors, are available at BuildBitcoin.com.

About Build Asset Management

Build Asset Management is an investment advisor registered with the U.S. Securities and Exchange Commission. Registration of an investment advisor does not imply any skill or training. Build Asset Management does not provide legal or tax advice. Please consult a legal or tax professional for specific advice. Build was founded in 2018 with the mission of providing better options for investors in fixed income and credit under a changing market environment. It launched a Bitcoin-focused private credit fund in partnership with Unchained Inc. (based in Austin, Texas) in July 2023 that invests in commercial loans made to small- and medium-sized U.S. businesses.

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