Innovating Private Equity

Astrea III

The first listed bond in Singapore backed by
cash flows from Private Equity Funds

Find out more about Astrea III here

3rd Semi-Annual Report to Noteholders for Distribution Date 8 January 2018

• NAV of $964m
• Total reserves of $224m, exceeding Class A-1 Notes principal amount
• Fitch and S&P upgraded Class A-1 Notes to A+sf in July 2017 and A+ (sf) in September 2017 respectively
• The Issuer met its interest obligations
• The Maximum Loan-to-Value Ratio was not exceeded

Private Equity

An asset class that invests in private companies with the objective of adding value through operational and financial management


Fullerton Fund Management Company, a well-established investment management company in Singapore, is the manager of Astrea III


Information Memorandum, Semi-annual Reports, Financial Statements, etc.


Press Releases, Media Coverage, News Reports, etc.