Astrea 7
Invest For Your Future
The Astrea 7 PE Bonds are the fourth listed retail bonds in Singapore backed by cash flows from Private Equity Funds. They represent the seventh series in the Astrea Platform and are a continuing step to bring listed retail bonds to investors in Singapore.
Portfolio Highlights
Bond information
Class A-1 Bonds
Stock Code: V7AB
The bonds began trading on the SGX-ST Mainboard on 30 May 2022.
- Tickers
- V7AB
- ISIN
- SGXF50246630
- Bloomberg
- BBG017J6FBL5
- Date
- 5 Jun 2023
- Time
- 2:23am
- Share price
- $1.003
- Previous close
- $1.008
- Change
- -$0.005
- High
- $1.008
- Low
- $1.003
- Open
- $1.008
- Total Volume
- 29,000
Class B Bonds
Stock Code: V7BB
The bonds began trading on the SGX-ST Mainboard on 30 May 2022.
- Tickers
- V7BB
- ISIN
- SGXF6766449
- Bloomberg
- BBG017J6FBN3
- Date
- 5 Jun 2023
- Time
- 2:23am
- Share price
- $1.010
- Previous close
- $1.010
- Change
- $0.002
- High
- $1.012
- Low
- $1.012
- Open
- $1.012
- Total Volume
- 5,000
Portfolio Activity (US$)
For the latest Distribution Period, US$104m of distributions were received from the PE Funds while US$34m was invested through capital calls. The net distributions of US$70m were applied to the Priority of Payments. These cash flow and unrealised fair value movements resulted in an ending Portfolio NAV of US$1,570m.
Outstanding Bonds
| Class | Class A-1 Bonds | Class A-2 Bonds | Class B Bonds |
| Principal Amount | S$526m
(US$380m) |
US$175m | US$200m |
| Interest Rate Per Annum | 4.125% | 5.35% | 6% |
| Interest Rate Step-Up Per Annum | 1.0% | 1.0% | 1.0% |
| Scheduled Call Date | 27 May 2027 | 27 May 2027 | 27 May 2028 |
| Maturity Date | 27 May 2032 | 27 May 2032 | 27 May 2032 |
| Ratings (Fitch / S&P)1 | A+sf / A+ (sf) | Asf / Not rated | BBB+sf / Not rated |
Click the links to access the Fitch Rating Report as well as S&P's Final Ratings Press Release and S&P's Presale Report.
1 Fitch and S&P have not provided their consent, for the purposes of Section 249 of the SFA, to the inclusion of the information cited and attributed to them in the Prospectus, and are therefore not liable for such information under Sections 253 and 254 of the SFA (as described in the section “Credit Ratings”).
- 19 May 2022Astrea 7 Private Equity Bonds
- 31 May 2018What are Private Equity Bonds?
- 19 May 2022Astrea 7 Private Equity Bonds – Chinese Subtitles
- 31 May 2018What are Private Equity Bonds? - Chinese Subtitles
- 19 May 2022Part 1 – Introduction – Astrea 7 Management Presentation
- 19 May 2022Part 2 – About Azalea – Astrea 7 Management Presentation
- 19 May 2022Part 3 – Private Equity Primer – Astrea 7 Management Presentation
- 19 May 2022Part 4 – Overview of Astrea 7 – Astrea 7 Management Presentation
- 19 May 2022Part 5 – Key Risks – Astrea 7 Management Presentation
- 19 May 2022Part 6 – Key Takeaways – Astrea 7 Management Presentation
Astrea 7 Prospectus dated 19 May 2022
The Prospectus posted up on this website is being provided as a historical, reference source only and is not being used, and no one is authorised to use, disseminate or distribute it, in connection with any offer, invitation or recommendation to sell or issue, or any solicitation of any offer to purchase or subscribe for, securities. The Prospectus is current only as at its date and the availability of the Prospectus on this website shall not create any implication that there has been no change in the Issuer's affairs since the date of the Prospectus or that the information, statements or opinions contained therein is current as at any time subsequent to its date. The Issuer is not under any obligation to update the Prospectus. The Prospectus may contain forward-looking statements and these statements, if included, must be read with caution as set forth in the section "Forward-looking statements" in the Prospectus. All information contained in the Prospectus regarding the Fund Investments (as defined in the Prospectus) has not been prepared, reviewed or approved by any PE Fund (as defined in the Prospectus), the general partner or manager of any PE Fund, or any of their affiliates. The Issuer does not provide any advice relating to the business, financial, legal, taxation or investment matters of any recipient of any information or the information.