On 19 May 2022, Azalea Investment Management launched its latest batch of
Astrea private equity (PE) bonds for public subscriptions. There will be two types of bonds available to retail investors:
- Class A-1 Bonds with a fixed interest rate of 4.125% per annum and,
- Class B Bonds with a fixed interest rate of 6% per annum.
Given the current market volatility, should you consider investing in these bonds today? Let’s look at what it has to offer and you can make your judgment.
Who is Azalea?
Astrea bonds are popular among Singapore investors due to the fact that its ties can be traced back to Temasek.
The Astrea 7 PE bonds are issued by Astrea 7 Pte. Ltd, an indirect wholly-owned subsidiary of Azalea. Azalea, in turn, is a wholly-owned subsidiary of Seviora Holdings, which is then wholly owned by Temasek....
