Astrea 8 Pte Ltd
Indicative
Full Lot
Indicative price as of 01 Oct 2026, 3:40pm
Ask Yield to Worst
Bid Yield to Worst
Ask Yield to Maturity
Bid Yield to Maturity
Bond Issuer
Astrea 8 Pte Ltd
Guarantor
-
Announcement Date
09 Jul 2024
Issue Date
19 Jul 2024
Maturity Date
19 Jul 2039
Years to Maturity / Next Call
12.803 / 2.798
Modified Duration
9.589 @ 30 Sep 2026
Issue / Reoffer Price
100.000
Issue / Reoffer Yield
4.350
Coupon Type
Fixed
Annual Coupon Rate
4.350
Coupon Frequency
Semi Annually
Seniority
Secured
Reference Rate
Coupon increase if the bond not redeemed on their Scheduled Call Date
Refer to coupon step feature for more information
ISIN
SGXPM06B2656
CUSIP
BCC3GQKP2
Bond Currency
SGD
Total Issue Size
520,000,000
Min. Investment Quantity (Nominal)
SGD 1,000
Incremental Quantity (Nominal)
SGD 1,000
Bond Type
Asset-backed Security
Bond Sector
Private Equity
Bond Sub Sector
Private Equity
Issuer Credit Rating (S&P/ Fitch)
***/ N.R
Bond Credit Rating (S&P/ Fitch)
***/ A+sf
Shariah Compliant
No
Exchange Listed
SGX
During the Class A-1 Non-Call Period (defined below), there will be no redemption of the Bonds pursuant to the Class A-1 Mandatory Call (defined below), even if the Class A-1 Reserves Accounts Cap has been met before the Class A-1 Scheduled Call Date.
Class A-1 Non-Call Period
The Issuer shall not exercise the Class A-1 Redemption Option (defined below) before 19 July 2029 (the “Class A-1 Scheduled Call Date” and the period between the Issue Date and the day before the Class A-1 Scheduled Call Date is defined as the “Class A-1 Non-Call Period”).
Class A-1 Redemption Option
The Issuer may redeem all (but not some only) of the Bonds at their principal amount together with unpaid interest accrued to the date fixed for such redemption (the “Class A-1 Redemption Option”) if the following conditions (collectively, the “Class A-1 Call Date Exercise Conditions”) are satisfied on the date of such redemption:
(i) the Reserves Balance as of the date of such redemption is not less than the aggregate principal amount of the Class A-1 Bonds; and
(ii) no CF Loan will remain unpaid on the date of such redemption.
Mandatory Call relating to the Class A-1 Redemption Option
The Issuer shall be obligated to exercise the Class A-1 Redemption Option (the “Class A-1 Mandatory Call”) in the event that:
(a) the Class A-1 Call Date Exercise Conditions are satisfied on the Class A-1 Scheduled Call Date, on the Class A-1 Scheduled Call Date; or
(b) the Class A-1 Call Date Exercise Conditions are not satisfied on the Class A-1 Scheduled Call Date, on the first Interest Payment Date (which is also a Distribution Date) after the Class A-1 Scheduled Call Date on which the Class A-1 Call Date Exercise Conditions are satisfied (the “Class A-1 Subsequent Call Date”).
“Scheduled Call Date” means the earliest date on which the Issuer could redeem the Class A-1 Bonds through the Class A-1 Mandatory Call
Scheduled Call Date: 19 July 2029
Cash Flow Information