Factsheet | ASTLC 4.350% 19Jul2039 Corp (SGD)


Bond Name		ASTLC 4.350% 19Jul2039 Corp (SGD) - Class A-1<sup> Retail</sup>
Bond Issuer		Astrea 8 Pte Ltd
Guarantor		-
ISIN		SGXPM06B2656
CUSIP		BCC3GQKP2

Issue Details

Cashflow Analysis


Currency	SGD
Coupon Rate	4.35
Coupon Type	Fixed
Coupon Frequency	Semi Annually
Seniority	Secured

Issue Date	18 Jul 2024
Issue Price	100.000
Next Call Date	18 Jul 2029
Years to Next Call	3.084
*Call Price	100.000
Maturity Date	18 Jul 2039
Years to Maturity	13.090
^Redemption Price	100.000

Issue Size	SGD	520,000,000
Min Investment Qty	SGD	1,000
Incremental Quantity	SGD	1,000
Issuer Rating (S&P)	***
Issuer Rating (Fitch)	N.R
Bond Rating (S&P)	***
Bond Rating (Fitch)	A+sf
Exchange Listed	SGX


*If Called	18 Jul 2029
Date	Coupon Amount	Nominal Amount
18 Jul 2029	21.75
18 Jan 2029	21.75
18 Jul 2028	21.75
18 Jan 2028	21.75
18 Jul 2027	21.75
18 Jan 2027	21.75
18 Jul 2026	21.75	1,000.00
Total	152.25	1,000.00

^Upon Maturity	18 Jul 2039
Date	Coupon Amount	Nominal Amount
18 Jul 2039	21.75
18 Jan 2039	21.75
18 Jul 2038	21.75
18 Jan 2038	21.75
18 Jul 2037	21.75
18 Jan 2037	21.75
18 Jul 2036	21.75
18 Jan 2036	21.75
18 Jul 2035	21.75
18 Jan 2035	21.75
18 Jul 2034	21.75
18 Jan 2034	21.75
18 Jul 2033	21.75
18 Jan 2033	21.75
18 Jul 2032	21.75
18 Jan 2032	21.75
18 Jul 2031	21.75
18 Jan 2031	21.75
18 Jul 2030	21.75
18 Jan 2030	21.75
18 Jul 2029	21.75
18 Jan 2029	21.75
18 Jul 2028	21.75
18 Jan 2028	21.75
18 Jul 2027	21.75
18 Jan 2027	21.75
18 Jul 2026	21.75	1,000.00
Total	587.25	1,000.00

What You Paid

What You Get


Transaction Date		18 Jun 2026
Settlement Date		30 Jun 2026
Nominal Value	SGD	1,000.00
Bond Price	SGD	105.665
Accrued Interest	SGD	19.43
Processing Rate		0.35%
Processing Fee (0.35%)	SGD	10.00
GST (9.00%)	SGD	0.90
Processing Fee+GST	SGD	10.90
WAC	SGD	106.755
Total Investment	SGD	1,086.98


*If Called	152.25	1,000.00

Total Cashflow	SGD	1,152.25
Net Cash Return	SGD	65.27

Indicative Yield to Call		1.840%

^Upon Maturity	587.25	1,000.00

Total Cashflow	SGD	1,587.25
Net Cash Return	SGD	500.27

Indicative Yield to Maturity		4.147%

Coupon Reset Feature

Coupon increase if the bond not redeemed on their Scheduled Call Date
Refer to coupon step feature for more information

Bond Feature(s)

https://secure.fundsupermart.com/fsmone/bonds/factsheet/SGXPM06B2656/ASTLC-4-350-19Jul2039-Corp-SGD-Class-A-1-sup-Retail-sup-

Notes:

1) 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.

2) Indicative Yields shown are net of fees.

Bond Information

Bond Issuer

Astrea 8 Pte Ltd

Guarantor

Announcement Date

08 Jul 2024

Issue Date

18 Jul 2024

Maturity Date / Next Call Date

18 Jul 2039 / 18 Jul 2029

Years to Maturity / Next Call

13.090 / 3.084

Issue/Reoffer Price

100.000

Issue/Reoffer Yield

4.350

Coupon Type

Fixed

Annual Coupon Rate (%)

4.35

Annual Coupon Frequency

Semi Annually

Seniority

Secured

Exchange Listed

SGX

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

SGD 520,000,000

Minimum Investment Quantity (Nominal)

SGD 1,000

Incremental Quantity (Nominal)

SGD 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

W-8BEN Declaration needed

Bond Feature(s)

Coupon Step-up

In the event that the Class A-1 Bonds are not redeemed in full on the Class A-1 Scheduled Call Date pursuant to Condition 5(B) of the Class A-1 Bonds, the outstanding principal amount of the Class A-1 Bonds shall bear interest from (and including) the Class A-1 Scheduled Call Date to (but excluding) the Class A-1 Subsequent Call Date specified in Condition 5(B) of the Class A-1 Bonds or the Maturity Date, whichever is earlier, at the rate of 5.35 per cent. per annum, payable semi-annually in arrear on 19 January and 19 July in each year.

Issuer Call

Mandatory Call (with Non-Call Period of 5 years)

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

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 2026	104.665	105.665	2.428	4.468
16 Jun 2026	104.600	105.400	2.520	4.493
15 Jun 2026	104.812	105.412	2.517	4.492
14 Jun 2026	104.724	105.424	2.515	4.491
11 Jun 2026	104.636	105.436	2.512	4.489
10 Jun 2026	104.748	105.448	2.510	4.488
09 Jun 2026	104.784	104.784	2.732	4.552
08 Jun 2026	104.683	105.696	2.435	4.465
07 Jun 2026	104.708	104.808	2.727	4.549
04 Jun 2026	104.720	105.320	2.561	4.501

Total of 63 entries

10 / Page

page
1 / 7
You're on page 1
page 2
page 3
page 4
page 5
page 6
page 7
page

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

28 Feb 2025	***	***	A+sf -> A+ (sf)	N.R
31 Jan 2025	***	***	A+sf -> A+	N.R

Total of 2 entries

10 / Page

page
1 / 1
You're on page 1
page

BOND NAME ISSUER	MATURITY DATE / NEXT CALL DATE	ASK PRICE	ASK YTM / YTW	BOND CREDIT RATING (S&P/FITCH)	action

ASTLC 6.350% 19Jul2039 Corp (USD) - Class A-2^Retail Astrea 8 Pte Ltd	18 Jul 2030 (Next Call Date)	106.807	4.508% p.a.	***/Asf	TRANSACT

Remark

*Processing fee is subjected to a minimum of SGD 10 (or in its equivalent currency).
^ For the purchase of the Retail Bonds, FSM will be absorbing SGX related Charges, till further notice.
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

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.
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

All fees and commission quoted are exclusive of Goods and Services Tax (GST).
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

SGD 1,086.98

Years to Call

3 years

Est. Total Income

SGD 152.25

1.840%

Indicative Cash Flow

Nominal Value

SGD 1,000.00

2029
Jul
Coupon
SGD 21.75
Early Redemption
SGD 1,000.00
Jan
Coupon
SGD 21.75
2028
Jul
Coupon
SGD 21.75
Jan
Coupon
SGD 21.75
2027
Jul
Coupon
SGD 21.75

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.

Tools

Bond Calculator

Bond Selector

Recommended Bonds

Yield Curve

Index Data

BONDS Astrea Investor Day 2025 ? USD bond now at 5.6% with an ?A? rating?!

Wong Di Ming

25 Feb 2025

Select Country/Region

Remark

Home

About Us

legal

Useful Links

Select Country/Region

FSM Mobile Apps

Follow Us