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Fitch Ratings upgrades Astrea IV, Astrea V, Astrea VI's bonds

Felicia Tan
Felicia Tan • 1 min read
Fitch Ratings upgrades Astrea IV, Astrea V,  Astrea VI's bonds
The upgrades were made on Feb 15 (New York time).
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Fitch Ratings has upgraded its rating on the bonds under Astrea IV, Astrea V and Astrea VI.

On Feb 15 (New York time), Astrea IV’s class A-1 bonds were upgraded to “AA-sf” from “A+sf”. Its class B bonds were upgraded to “Asf” from “BBBsf”. Fitch has also affirmed the class A-2 bonds at 'A+sf'. Its rating outlook is “stable” for all three classes.

The ratings agency has also upgraded Astrea V’s class A-2 bonds to “A+sf” from “Asf”. Its class B bonds were, likewise, upgraded to “A-sf” from “BBBsf”.

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