Allen & Gledhill advised Astrea VI Pte. Ltd. on the operation.
Astrea VI Pte. Ltd. announced the issue of S$382 million Class A-1 secured fixed rate bonds due 2031, US$228 million Class A-2 secured fixed rate bonds due 2031, and US$130 million Class B secured fixed rate bonds due 2031.
The Bonds are backed by cash flows from a diversified portfolio of 35 private equity funds with a net asset value of US$1.456 billion, managed by 28 general partners.
Astrea VI Pte. Ltd. is a collateralized fund obligation transaction managed by Azalea Investment Management Pte. Ltd.
The Allen & Gledhill team comprised of Partners Yeo Wico (Picture), Jeanne Ong (Singapore Law), Lim Pek Bur (Tax), Andrew Chan and Jo Tay (Insolvency).
Law Firms: Allen & Gledhill LLP;
Clients: Astrea VI Pte. Ltd. ;