Astrea 9 Pte Ltd
Indicative
Full Lot
Indicative price as of 02 Oct 2026, 3:40pm
Ask Yield to Worst
Bid Yield to Worst
Ask Yield to Maturity
Bid Yield to Maturity
Bond Issuer
Astrea 9 Pte Ltd
Guarantor
-
Announcement Date
29 Jul 2025
Issue Date
08 Aug 2025
Maturity Date
08 Aug 2040
Years to Maturity / Next Call
13.851 / 3.843
Modified Duration
9.280 @ 02 Oct 2026
Issue / Reoffer Price
100.000
Issue / Reoffer Yield
5.700
Coupon Type
Fixed
Annual Coupon Rate
5.700
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
SGXPN10C6493
CUSIP
BCC3NSGK6
Bond Currency
USD
Total Issue Size
200,000,000
Min. Investment Quantity (Nominal)
USD 1,000
Incremental Quantity (Nominal)
USD 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)
***/ AA-sf
Shariah Compliant
No
Exchange Listed
SGX
During the Class A-2 Non-Call Period (defined below), there will be no redemption of the Bonds pursuant to the Class A-2 Mandatory Call (defined below), even if the Reserves Accounts Cap has been met before the Class A-2 Scheduled Call Date.
Class A-2 Non-Call Period
The Issuer shall not exercise the Class A-2 Redemption Option (defined below) before 8 August 2030 (the “Class A-2 Scheduled Call Date” and the period between the Issue Date and the day before the Class A-2 Scheduled Call Date is defined as the “Class A-2 Non-Call Period”).
Class A-2 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-2 Redemption Option”) if the following conditions (collectively, the “Class A-2 Call Date Exercise Conditions”) are satisfied on the date of such redemption:
(i) the Reserves Balance (and, if the Class A-1 Bonds are also due for redemption on the same date, after taking into account all amounts used or set aside for redeeming the Class A-1 Bonds) as of the date of such redemption is not less than the sum of (a) the aggregate principal amount of the Class A-2 Bonds and (b) so long as the Class A-1 Bonds are outstanding, the aggregate principal amount of the Class A-1 Bonds;
(ii) no CF Loan will remain unpaid on the date of such redemption; and
(iii) no Class A-1 Bond remains or will remain outstanding on the date of such redemption.
Mandatory Call relating to the Class A-2 Redemption Option
The Issuer shall be obligated to exercise the Class A-2 Redemption Option (the “Class A-2 Mandatory Call”):
(a) on the Class A-2 Scheduled Call Date, in the event that the Class A-2 Call Date Exercise Conditions are satisfied on such date; or
(b) in the event that if the Class A-2 Call Date Exercise Conditions are not satisfied on the Class A-2 Scheduled Call Date, then on the first Interest Payment Date (which is also a Distribution Date) after the Class A-2 Scheduled Call Date on which the Class A-2 Call Date Exercise Conditions are satisfied (the “Class A-2 Subsequent Call Date”).
1% p.a. one-time step-up if not redeemed on the Class A-2 Scheduled Call Date
Scheduled Call Date: 08 August 2030
Cash Flow Information