Shares & Derivatives
IPO Analysis: Is Astrea IV Private Equity Class A-1 bond worth a BUY?
By Singapore's Budget Babe  •  June 9, 2018
Astrea IV Class A-1 bonds are the talk of the town right now, and I've received so many DMs about this so I'm finally sitting down to evaluate and write this. Details: - The bond is launched by Astrea IV Pte. Ltd, which is an indirect subsidiary of Temasek - 4.35% interest rate offered - IPO applications close at 12 noon on 12 June 2018 - You can apply through ATM or online banking via DBS, POSB, OCBC or UOB - Minimum subscription amount: S$2,000 - You CANNOT use your CPF or SRS funds to apply for this bond. - Bond starts trading on SGX-ST on 18 June 2018 What are you really buying into? Now, don't get misled by the above headline published in The Business Times last week - this is NOT a Temasek bond. Rather, it is a bond issued by one of their subsidiaries. This ......
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By Singapore's Budget Babe
Budget Babe is an ordinary lady striving to achieve financial freedom in Singapore before the age of 45. She is always looking for cost-effective ways to live a fulfilling life in amidst Singapore's rising costs, and writes in order to empower fellow Singaporeans on taking charge of their own lives and finances. The final goal is to eventually break free from the competitive rat race. Will I meet you there? ...
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