Astrea V Pte Ltd
Indicative
Full Lot
Indicative price as of 13 Dec 2024, 12:00am
Bond Issuer
Astrea V Pte Ltd
Guarantor
-
Announcement Date
10 Jun 2019
Issue Date
20 Jun 2019
Maturity Date
20 Jun 2029
Years to Maturity / Next Call
2.613 / -
Modified Duration
-
Issue / Reoffer Price
100.000
Issue / Reoffer Yield
5.750
Coupon Type
Fixed
Annual Coupon Rate
5.750
Coupon Frequency
Semi Annually
Seniority
Secured
Reference Rate
-
ISIN
XS2006258896
CUSIP
200625889
Bond Currency
USD
Total Issue Size
140,000,000
Outstanding Issue Size
58,800,000
Min. Investment Quantity (Nominal)
USD 200,000
Incremental Quantity (Nominal)
USD 200,000
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
Current Principal Factor Rate info
0.42
On each Interest Payment Date (which is also a Distribution Date), upon and after the full redemption of all of the Class A-1 Bonds and Class A-2 Bonds but prior to the occurrence of an Enforcement Event, on which there is cash available for the redemption of the Class B Bonds pursuant to Clause 9 of the Priority of Payments, the Issuer shall apply 90% of the cash flow remaining after application of Clause 1 through Clause 8 of the Priority of Payments being the total balance of the cash which is available under Clause 9 of the Priority of Payments (the "Class B (Clause 9) Instalment Amount" which is subject to adjustment in accordance with the proviso below) to redeem, and shall redeem, at par on such Interest Payment Date such part of the outstanding principal amount of all Class B Bonds which in aggregate is equal to the Class B (Clause 9) Instalment Amount on a pari passu and pro-rata basis (rounded down, if necessary to the nearest US cent) provided that in respect of a partial or final redemption where the Class B (Clause 9) Instalment Amount is greater than the aggregate principal amount of the Class B Bonds then outstanding, the Class B (Clause 9) Instalment Amount shall be adjusted so that the Class B (Clause 9) Instalment Amount becomes equal to such aggregate principal amount (and upon such partial or final redemption together with the payment of unpaid interest accrued to the date of such partial or final redemption, the Class B Bonds shall be fully redeemed).
