Azalea Investment Management – which is indirectly owned by Temasek Holdings – is offering $250 million of Astrea VI Class A-1 bonds at a fixed interest rate of 3% per annum to retail investors from 9am on 10 Mar. 

This will close at noon on 16 Mar and the Class A-1 bonds are expected to start trading on the Singapore Exchange on 19 Mar.

This public offer follows the successful placement of $132 million of Class A-1 Bonds, US$228 million ($306.8 million) of Class A-2 Bonds and US$130 million of Class B Bonds to institutional and accredited investors.

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