previously iSTOX

Astrea VI

Bonds backed by diversified portfolio of 35 private equity funds managed by Azalea*.

DebtWholesale Bonds
CouponMaturity date

3.25% p.a. (A-2) /

4.35% p.a. (B)

18 March 2031
DebtWholesale Bonds

Now trading on ADDXStarted on 19 March 2021

Investment highlights

  • Opportunity to gain exposure to Astrea VI through tokens issued by Prometheus-3 Pte. Ltd.

  • Astrea VI Class A-2 Bonds pay a coupon of 3.25% P.A., have a scheduled call date on 18 March 2026, and are rated Asf by Fitch

  • Astrea VI Class B Bonds pay a coupon of 4.35% P.A., are amortizing after full redemption of Class A Bonds, and are rated BBBsf by Fitch

  • The manager of Astrea VI, Azalea, is an indirect wholly-owned subsidiary of Temasek Holdings

  • Backed by cashflows from a diversified mature portfolio of 35 private equity funds, managed by 28 globally reputable general partners, including names like Blackstone, KKR, TPG, Permira, Silver Lake, Carlyle and Bain Capital

  • Portfolio net asset value of c. US$1.5 billion at issuance

  • High over-collateralization (loan-to-value ratio at 44.2%) and built-in structural safeguards

  • Azalea will continue to own 100% of equity interest, ensuring alignment with bondholders

  • Geographically diverse portfolio at launch – 61% U.S. funds, 23% Europe and 16% Asia

About Azalea

Set up in 2015, Azalea is an indirect wholly owned subsidiary of Temasek Holdings (Private) Limited. Azalea became part of the Seviora Group in 2020, a multi-asset management group indirectly wholly owned by Temasek. All products issued by Azalea are managed by Azalea Investment Management (AIM) which holds a Capital Markets Services License from MAS. More details on the Astrea platform can be found at www.astrea.com.sg

About The Issuer: Prometheus-3 Pte. Ltd.

The Company was incorporated as a special purpose vehicle for the sole purpose of the issuance of the Security Tokens and investing in the Bonds issued by Astrea VI Pte. Ltd

*Astrea VI is managed by Azalea Investment Management. Tokens are issued by Prometheus-3 Pte. Ltd.

Registered Address

50 Armenian Street, Wilmer Place, #02-04, Singapore 179938

Leadership

Ms Margaret Lui-Chan

Chief Executive Officer

En Yaw Chue

Managing Director,

Head of Private Equity Funds

About The Issuer: Prometheus-3 Pte. Ltd.

The Company was incorporated as a special purpose vehicle for the sole purpose of the issuance of the Security Tokens and investing in the Bonds issued by Astrea VI Pte. Ltd

*Astrea VI is managed by Azalea Investment Management. Tokens are issued by Prometheus-3 Pte. Ltd.

Leadership

Ms Margaret Lui-Chan

Chief Executive Officer

En Yaw Chue

Managing Director,

Head of Private Equity Funds

Registered Address

50 Armenian Street, Wilmer Place, #02-04, Singapore 179938


Disclaimer: The information above has been provided by Prometheus-3 Pte. Ltd. The contents of the above have not been verified by the Exchange and the Exchange assumes no responsibility for the contents above, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in the content above.

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