Astrea 8

Astrea 8

Invest For Your Future

The Astrea 8 PE Bonds are the fifth listed retail bonds in Singapore backed by cash flows from Private Equity Funds. They represent the eighth series in the Astrea Platform and signifies our commitment to expanding and deepening investor access to private equity.

Portfolio Highlights

For the period

1 Jan 2024 – 19 Jan 2025

Distribution Reference Date

6 Jan 2025

20 Jan 2025

Semi-annual interest due paid to bondholders

US$1,353M

Portfolio Value

US$68M

Reserved for Class A during this period

40.0%

Loan-to-Value Ratio

Bond Information

Class A-1 Bonds

Stock code: Z1AB

The bonds began trading on the SGX-ST Mainboard on 22 Jul 2024.

Identifiers
Tickers
Z1AB
ISIN
SGXPM06B2656
Bloomberg
BBG01NPTN662
Stock Price
Date
17 Feb 2025
Time
6:30am
Share Price
$1.048
Previous Close
$1.047
Change
$0.000
High
$1.048
Low
$1.047
Open
$1.048
Total Volume
30,000
Class A-2 Bonds

Stock code: Z2AB

The bonds began trading on the SGX-ST Mainboard on 22 Jul 2024.

Identifiers
Tickers
Z2AB
ISIN
SGXPM06BV5U6
Bloomberg
BBG01NPTN671
Stock Price
Date
17 Feb 2025
Time
6:30am
Share Price
$1.064
Previous Close
$1.067
Change
$0.001
High
$1.068
Low
$1.068
Open
$1.068
Total Volume
1,000

Portfolio Activity (US$)

dd chart

For the latest Distribution Period, US$212m of distributions were received from the PE Funds while US$49m was invested through capital calls. The net distributions of US$163m were applied to the Priority of Payments. These cash flow and unrealised fair value movements resulted in an ending Portfolio NAV of US$1,353m.

Outstanding Bonds

ClassClass A-1 BondsClass A-2 Bonds
Principal AmountS$520m 
(US$385m)
US$200m
Interest Rate Per Annum4.35%6.35%
Interest Rate Step-Up Per Annum1.0%1.0%
Scheduled Call Date19 Jul 202919 Jul 2030
Maturity Date19 Jul 203919 Jul 2039
Ratings (Fitch)1A+sfAsf

Click the link to access the Fitch Ratings Report.

Fitch has not provided its consent, for the purposes of Section 249 of the SFA, to the inclusion of the information cited and attributed to it in the Prospectus, and is therefore not liable for such information under Sections 253 and 254 of the SFA (as described in the section “Credit Ratings“)

Videos

Astrea 8 Management Presentation

July 10, 2024

Astrea 8 Management Presentation

Astrea 8 Private Equity Bonds Explainer Video

July 10, 2024

Astrea 8 Private Equity Bonds Explainer Video

Astrea 8 Private Equity Bonds Explainer Video - Chinese Subtitles

July 10, 2024

Astrea 8 Private Equity Bonds Explainer Video - Chinese Subtitles