POST-TRANSACTION PAYMENT ENABLED BOND COMPLEXITY : MODERATE ISIN: SGXPN10C6170 RETAIL
ASTLC 3.400% 08Aug2040 Corp (SGD) - Class A-1 Retail
ASTREA 9 PTE LTD
Indicative Bid Price
101.752
Bid Yield to Maturity
3.869%
Bid Yield to Call
2.946%
Min. Investment (Nominal)
1000
Indicative Ask Price
101.952
Ask Yield to Maturity
3.852%
Ask Yield to Call
2.895%
Next Call Date
07 Aug 2030
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. Jun2.52.7533.253.53.754fundsupermart.com
Bond Information
Bond Issuer
Astrea 9 Pte Ltd
Guarantor
-
Announcement Date
28 Jul 2025
Issue Date
07 Aug 2025
Maturity Date / Next Call Date
07 Aug 2040 / 07 Aug 2030
Years to Maturity / Next Call
14.149 / 4.140
Issue/Reoffer Price
100.000
Issue/Reoffer Yield
3.400
Coupon Type
Fixed
Annual Coupon Rate (%)
3.4
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
SGXPN10C6170
CUSIP
BCC3NSGJ9
Bond Currency
SGD
Total Issue Size
SGD 615,000,000
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
No
W-8BEN Declaration needed
No
Bond Feature(s)
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 4.40 per cent. per annum, payable semi-annually in arrear on 8 February and 8 August in each year.

1% p.a. one-time step-up if not redeemed on the Class A-1 Scheduled Call Date.

Scheduled Call Date: 08 August 2030
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 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 8 August 2030 (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”):

(a) on the Class A-1 Scheduled Call Date, in the event that the Class A-1 Call Date Exercise Conditions are satisfied on such date; or

(b) in the event that if the Class A-1 Call Date Exercise Conditions are not satisfied on the Class A-1 Scheduled Call Date, then 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”).
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)
16 Jun 2026101.780101.9802.8893.849
15 Jun 2026101.789101.8892.9123.857
14 Jun 2026101.798101.8982.9103.857
11 Jun 2026101.808101.9082.9083.856
10 Jun 2026101.817102.0172.8803.846
09 Jun 2026101.845101.9452.9003.852
08 Jun 2026101.954102.1542.8473.834
07 Jun 2026101.864101.9642.8953.851
04 Jun 2026101.973102.1732.8433.832
03 Jun 2026101.882101.9822.8913.849
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

There are no credit rating changes for this bond for the past 3 years.

Related Documents
pdfIcon
Preliminary Offering Circular
S$[615],000,000 Class A-1 Secured Fixed Rate Bonds (the “Class A-1 Bonds”). Preliminary Information Memorandum Dated 22 July 2025.
pdfIcon
Prospectus
Product Highlights Sheet for the Prospectus dated 30 July 2025.
pdfIcon
Offering Circular
S$615,000,000 Class A-1 Secured Fixed Rate Bonds (the “Class A-1 Bonds”). Information Memorandum Dated 30 July 2025.
pdfIcon
Preliminary Prospectus
Preliminary Prospectus Dated 22 July 2025.
Related Bonds
BOND NAME

ISSUER

MATURITY DATE / NEXT CALL DATE
ASK PRICE
ASK YTM / YTW
BOND CREDIT RATING (S&P/FITCH)
action
ASTLC 7.350% 08Aug2040 Corp (USD) - Class B PIK Classified as SIP

Astrea 9 Pte Ltd

 07 Aug 2040 100.400 7.303% p.a. ***/BBBsf
TRANSACT
ASTLC 5.700% 08Aug2040 Corp (USD) - Class A-2 Retail

Astrea 9 Pte Ltd

 07 Aug 2030
(Next Call Date)		 101.926 5.175% p.a. ***/Asf
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)
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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
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  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
SGD 1,043.74
Years to Call
4 years 1+ months
Est. Total Income
SGD 153.00
Yield to Call
2.396%
Indicative Cash Flow
Nominal Value
SGD 1,000.00
  • 2030
    Aug
    Coupon
    SGD 17.00
    Early Redemption
    SGD 1,000.00
  • Feb
    Coupon
    SGD 17.00
  • 2029
    Aug
    Coupon
    SGD 17.00
  • Feb
    Coupon
    SGD 17.00
  • 2028
    Aug
    Coupon
    SGD 17.00
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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