A&G News 19 April 2021
Allen & Gledhill advised Astrea VI Pte. Ltd. (“Astrea VI”), as transaction counsel, on the issue of S$382 million Class A-1 secured fixed rate bonds due 2031, US$228 million Class A-2 secured fixed rate bonds due 2031, and US$130 million Class B secured fixed rate bonds due 2031 (collectively, the “Bonds”).
The Bonds are backed by cash flows from a diversified portfolio of 35 private equity funds with a net asset value of US$1.456 billion, managed by 28 general partners.
Advising Astrea VI as to tax issues was Allen & Gledhill Partner Lim Pek Bur.