Astrea VI

Invest For Your Future

The Astrea VI PE Bonds are the third listed retail bonds in Singapore backed by cash flows from Private Equity Funds. They represent the sixth series in the Astrea Platform and are a continuing step to bring listed retail bonds to investors in Singapore.

Portfolio Highlights

For the period
1 Dec 2020 - 18 Sep 2021
Distribution Reference Date
6 Sep 2021
20 Sep 2021
Semi-annual interest paid to bondholders
US$1,654M
Portfolio Value
US$51.5M
Reserved for Class A during this period
35.8%
Loan-to-Value Ratio

Bond information

Astrea VI Class A-1 Bonds

Stock code: 6AZB


The bonds began trading on the SGX-ST Mainboard on 19 March 2021.

Identifiers
Tickers
6AZB
ISIN
SGXF34882443
Bloomberg
BBG00ZKSYNX4
Stock Price
Date
8 Dec 2021
Time
11:10am
Share price
$1.023
Previous close
$1.028
Change
-$0.005
High
$1.023
Low
$1.023
Open
$1.023
Total Volume
8,000

Portfolio Activity (US$)

For the latest Distribution Period, US$309m of distributions were received from the PE Funds while US$21m was invested through capital calls. The net distributions of US$288m were applied to the Priority of Payments. These cash flow and unrealised fair value movements resulted in an ending Portfolio NAV of US$1,654m.

Outstanding Bonds

Class Class A-1 Bonds Class A-2 Bonds Class B Bonds
Principal Amount S$382m
(US$285m)
US$228m US$130m
Interest Rate Per Annum 3.00% 3.25% 4.35%
Interest Rate Step-Up Per Annum 1.0% 1.0% N/A
Scheduled Call Date 18 March 2026 18 March 2026 N/A
Maturity Date 18 March 2031 18 March 2031 18 March 2031
Ratings (Fitch / S&P)1 A+sf / A+ (sf) Asf / Not rated BBBsf / Not rated

Click the links to access the Fitch Ratings 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”).



Astrea VI Prospectus dated 9 March 2021


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.