Shares & Derivatives
Five things you want to know about the upcoming Astrea V PE Bonds
By Mr. IPO  •  May 25, 2019

I believe there will be a lot of interest for the upcoming Astrea V Class A-1 PE Bond looking at how oversubscribed it was in Astrea IV (7.4x).  I will do a "sneak" preview first before I do a more detailed analysis when the public offering starts since some of you may be keen to get your hands on the placement tranche.  Here are 5 things that you may want to know about the offering.  1. Interest rate (Pricing) for the bonds will be determined by a book building process I think this is the question on everyone's mind. What will the interest rate be?  The interest rate environment in June last year was much more "bullish" where FED was expected to keep raising the treasury rate. That stance has changed quite dramatically over...
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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