POST-TRANSACTION PAYMENT ENABLED BOND COMPLEXITY : MODERATE ISIN: SGXF67664494 RETAIL
ASTLC 6.000% 27May2032 Corp (USD) - Class B Retail
ASTREA 7 PTE LTD
Indicative Bid Price
102.183
Bid Yield to Maturity
6.184%
Bid Yield to Call
4.800%
Min. Investment (Nominal)
1000
Indicative Ask Price
103.183
Ask Yield to Maturity
5.987%
Ask Yield to Call
4.263%
Next Call Date
26 May 2028
Credit Rating (Bond)
A-sf
No Rating
Seniority
Secured
Investor Profile
 Stable Income Seeker
Chart
Created with Highcharts 9.3.2Chart context menuBid Yield to CallAsk Yield to CallBid Yield to MaturityAsk Yield to Maturity18. May20. May22. May24. May26. May28. May30. May1. Jun3. Jun5. Jun7. Jun9. Jun11. Jun13. Jun15. Jun17. Jun34567fundsupermart.com
Bond Information
Bond Issuer
Astrea 7 Pte Ltd
Guarantor
-
Announcement Date
17 May 2022
Issue Date
26 May 2022
Maturity Date / Next Call Date
26 May 2032 / 26 May 2028
Years to Maturity / Next Call
5.942 / 1.940
Issue/Reoffer Price
100.000
Issue/Reoffer Yield
6.000
Coupon Type
Fixed
Annual Coupon Rate (%)
6
Annual Coupon Frequency
Semi Annually
Seniority
Secured
Exchange Listed
SGX
Reference Rate
-
ISIN
SGXF67664494
CUSIP
BCC36L5Q9
Bond Currency
USD
Total Issue Size
USD 200,000,000
Minimum Investment Quantity (Nominal)
USD 1,000
Incremental Quantity (Nominal)
USD 1,000
Bond Registration
Retail
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
W-8BEN Declaration needed
No
Bond Feature(s)
One-time interest rate step-up of 1% p.a. if not redeemed at Scheduled Call Date
(A) Mandatory Redemption on Maturity Date

Unless previously redeemed or purchased and cancelled as provided below, the Issuer shall redeem the Bonds at their principal amount on 27 May 2032 (the “Maturity Date”) together with unpaid interest accrued to the date of such redemption. The Bonds may not be redeemed, in whole or in part, prior to the Maturity Date other than in accordance with this Condition (but without prejudice to Condition 10).

(B) Mandatory Call (with Non-Call Period of 6 years)

During the Class B Non-Call Period (defined below), there will be no redemption of the Bonds pursuant to the Class B Mandatory Call (defined below), even if the Class B Reserves Accounts Cap has been met before the Class B Scheduled Call Date.

Class B Non-Call Period

The Issuer shall not exercise the Class B Redemption Option (defined below) before 27 May 2028 (the “Class B Scheduled Call Date” and the period between the Issue Date and the day before the Class B Scheduled Call Date is defined as the “Class B Non-Call Period”).

Class B 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 B Redemption Option”) if the following conditions (collectively, the “Class B Call Date Exercise Conditions”) are satisfied on the date of such redemption:

(i) the total balance in the Class B Reserves Accounts and the Class B Reserves Custody Accounts as of the date of such redemption is not less than the aggregate principal amount of the Bonds;

(ii) no CF Loan will remain unpaid on the date of such redemption; and

(iii) no Class A Bond remains outstanding on the date of such redemption.

Mandatory Call

The Issuer shall be obligated to exercise the Class B Redemption Option (the “Class B Mandatory Call”) in the event that:

(a) the Class B Call Date Exercise Conditions are satisfied on the Class B Scheduled Call Date, on the Class B Scheduled Call Date; or

(b) the Class B Call Date Exercise Conditions are not satisfied on the Class B Scheduled Call Date, on the first Interest Payment Date (which is also a Distribution Date) after the Class B Scheduled Call Date on which the Class B Call Date Exercise Conditions are satisfied (the “Class B Subsequent Call Date”).
Price History
(Daily prices for the last 3 months), if you wish to view more than 3 months price history you may export the file
DATE
BID PRICE
ASK PRICE
ASK YIELD (CALL)
ASK YIELD (MATURITY)
17 Jun 2026102.183103.1834.2635.987
16 Jun 2026102.233103.1334.2975.997
15 Jun 2026102.250103.1504.2905.994
14 Jun 2026102.167103.1674.2835.990
11 Jun 2026102.183102.6834.5436.086
10 Jun 2026102.200103.2004.2715.984
09 Jun 2026102.250103.3504.1995.955
08 Jun 2026102.567103.0674.3506.010
07 Jun 2026102.583103.1834.2925.987
04 Jun 2026102.600103.2004.2855.984
Total of 63 entries
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FSMOne strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.
Credit Rating
CHANGE DATE
S&P Bond S&P Issuer Fitch Bond Fitch Issuer
31 Jan 2025 *** *** A-sf -> A-N.R
29 Feb 2024 *** *** A- -> A-sfN.R
29 Feb 2024 *** *** A-sf -> A-N.R
30 Nov 2023 *** *** BBB+sf -> " BBB+sf"N.R
Total of 4 entries
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Related Documents
pdfIcon
Preliminary Prospectus
Preliminary Prospectus.
pdfIcon
Offering Circular
Astrea 7 Pte. Ltd. US$200,000,000 Class B Secured Fixed Rate Bonds Due 2032. Information Memorandum Dated 19 May 2022.
pdfIcon
Prospectus
Class B: US$200 million 6% p.a. Secured Bonds. Dated 19 May 2022.
pdfIcon
Prospectus
Product Highlights Sheet for the Prospectus dated 19 May 2022.
Related Bonds
BOND NAME

ISSUER

MATURITY DATE / NEXT CALL DATE
ASK PRICE
ASK YTM / YTW
BOND CREDIT RATING (S&P/FITCH)
action
ASTLC 5.350% 27May2032 Corp (USD) - Class A-2 Classified as SIP

Astrea 7 Pte Ltd

 26 May 2027
(Next Call Date)		 100.400 4.906% p.a. ***/A+sf
TRANSACT
ASTLC 4.125% 27May2032 Corp (SGD) - Class A-1 Retail

Astrea 7 Pte Ltd

 26 May 2027
(Next Call Date)		 102.340 1.598% p.a. ***/A+sf
TRANSACT
Total of 2 entries
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FSMOne's Fees
For more information, please refer to the Pricing Structure
For each Buy & Sell Order (Retail^, Wholesale, Bond Express)
Processing Fee
0.35% / Min. SGD 10*
Platform Fee
0.05% per quarter
Other Charges
Goods & Services Tax (GST)
9% (GST is applicable to Singaporean residents on FSMOne’s fee)
Order Processing Time
Buy Wholesale Bonds / SGS Bonds / Retail (All payment type)
Generally T+2 business days upon payment clearance
Sell Wholesale Bonds / SGS Bonds / Retail Bonds
Generally T+2 business days (Redemption proceeds will be credited on next day)
waveHandIcon

Remark

  1. *Processing fee is subjected to a minimum of SGD 10 (or in its equivalent currency).
  2. ^ For the purchase of the Retail Bonds, FSM will be absorbing SGX related Charges, till further notice.
  3. T = Transaction Date
    The Order processing time refers to the order completion and reflected in your account.
    ^The Purchase date will be based on T date

Platform Charge
  1. For the purpose of benefiting from lower rates based on higher investment holding tiers, the effective platform fee rate is based on the total combined holdings of all FSM accounts under main account holder (including beneficiary accounts), while Stock / ETF / Cash Account holdings are excluded from the combined holdings amount.
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.

Note
  1. All fees and commission quoted are exclusive of Goods and Services Tax (GST).
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.

Potential Income Explained
EDIT
Est. Payable Amount
USD 1,045.97
Years to Call
1 years 10+ months
Est. Total Income
USD 120.00
Yield to Call
3.571%
Indicative Cash Flow
Nominal Value
USD 1,000.00
  • 2028
    May
    Coupon
    USD 30.00
    Early Redemption
    USD 1,000.00
  • 2027
    Nov
    Coupon
    USD 30.00
  • May
    Coupon
    USD 30.00
  • 2026
    Nov
    Coupon
    USD 30.00
Disclaimer: Cash flow calculations are computed based on current coupon rate till next possible call or maturity date. Figures reflected are indicative and subjected to changes in case of any corporate actions.
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