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Azalea prices Astrea 9 class A-1 and A-2 bonds at 3.4% and 5.7% respectively

Ruth Chai
Ruth Chai • 4 min read
Azalea prices Astrea 9 class A-1 and A-2 bonds at 3.4% and 5.7% respectively
The public offer will open from 9 am on July 31 and will close at 12 noon on Aug 6. Photo: Azalea
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Azalea Investment Management, which is indirectly backed by Temasek, has announced the issuance of Astrea 9 class A-1 bonds and class A-2 bonds for subscription by the public in Singapore on July 30.

Under the public offer, Astrea 9 is offering $380 million of class A-1 bonds at a fixed interest rate of 3.4% per annum.

Additionally, they are issuing US$50 million ($64 million) of class A-2 bonds at a fixed interest rate of 5.7% per annum.

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