Astrea IV PE bonds 7.4 times subscribed; allocation to be announced this evening

SINGAPORE (June 13): Azalea Investment Management, a Temasek Holdings subsidiary, saw strong investor support for its Astrea IV Bonds – said to be the world’s first listed private-equity bond for retail investors.

See: This Temasek subsidiary's private-equity bond for retail investors could spice up the market

At the close of offering at Tuesday noon, the bond issue was 7.4 times subscribed. Nearly $890 million in valid applications were received for the $121 million Class A-1 Bonds retail offering in Singapore.

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