New Astrea V

[Toni90]

You seem to have a problem with civil, polite discourse.

I never claimed that any sovereign wealth fund offers preferred participation shares as I envision them. Singapore's should be the first. There are analogs and parallels, and I listed two of them (and described them as such).

I asked you a simple question. You could cut the bullsh*t and said that no one offered your imagination product. But you did not. Instead, you produced a lot of irrelevant bullsh*t which is confusing and misleading.

You seem to have a problem that you can not hold a simple conversation without generating a lot of nonsense irrelevant info.

 

[klarklar]

I asked you a simple question. You could cut the bullsh*t and said that no one offered your imagination product. But you did not. Instead, you produced a lot of irrelevant bullsh*t which is confusing and misleading.

You seem to have a problem that you can not hold a simple conversation without generating a lot of nonsense irrelevant info.

I read through the exchange. I don't see why do you need to make personal remarks when engaging in a discussion. One can disagree but why degrade the discussion by making impolite personal remarks? The desirable way should be to argue using facts and figures with sound logic and not making impolite personal comments.

BBCWatcher has been on this forum helping people free of charge. It takes time to write long replies. I'm grateful to him for his effort.

 

[Ch3tah_39]

Temasek has totally ZERO obligation towards this bond... Please don't go in thinking it will be 'guaranteed' by Temasek/Ho Ching.

I believe alot people think is Temasek so is generally safe? Anything happen also Temasek or Government will bear the risk?

 

[limster]

I believe alot people think is Temasek so is generally safe? Anything happen also Temasek or Government will bear the risk?

I see a lot of this sort of thinking in the Hyflux thread

 

[Geeezz]

Are you saying that Fitch and S&P's likely rating of Asf/ A+(sf) is wrong?

Or are you taking a risk that is no different from investing in any other A / A+ security?

Asf is nt equal to A in another security. in fact imo Asf is riskier than A because structured finance itself ish complicated. sho me dun think ppl shld buy thinking that they r getting A rated bond

 

[Toni90]

This one cannot expect Temasek or Gov help. If it is in trouble then Temasek itself is also in big big trouble too. How to help.

 

[limster]

Asf is nt equal to A in another security. in fact imo Asf is riskier than A because structured finance itself ish complicated. sho me dun think ppl shld buy thinking that they r getting A rated bond

People can go to the rating agencies website to read up on the sf rating. Up to each investor to do their own due diligence.

Those that applied for Astrea IV and enjoying the benefits of capital gain (7.5% up from IPO price!) and regular coupon payments will likely apply for Astrea V.

Those that think Astrea IV no good, will hopefully not apply for Astrea V as well! Hope to get higher allocation this time!

Quote:
Structured finance: 'sf' identifier
111. The 'sf' identifier shall be assigned to ratings on "structured finance instruments" when required to comply with an applicable law or regulatory requirement or when S&P Global Ratings believes it appropriate. The addition of the 'sf' identifier to a rating does not change that rating's definition or our opinion about the issue's creditworthiness. For detailed information on the instruments assigned the 'sf' identifier, please see the appendix for the types of instruments that carry the 'sf' identifier.

 

[SpeedingBullet]

Evaluate this bond like you would any other company that’s issuing bonds.

 

[Merg91]

Missed the boat / no money?
Just don't put all your money in one basket.

me find the previous huan nt worth the risk reh. taking corporate bonds returns but pte equity risk

 

[Merg91]

Many here were kiasi / doomsday mentality.
These kiasusi believed ipo are only out to suck their coins.

Those that applied for Astrea IV and enjoying the benefits of capital gain (7.5% up from IPO price!) and regular coupon payments will likely apply for Astrea V.
!

 

[tangent314]

Those that applied for Astrea IV and enjoying the benefits of capital gain (7.5% up from IPO price!) and regular coupon payments will likely apply for Astrea V.

When it comes to bonds, capital gain and coupon payments are mutually exclusive. If you hold your bond to maturity to collect all the coupons, you won't see the capital gains. If you sell your bonds now to realize the capital gains, you won't see any more coupons.

 

[chiokcc]

Any indicative date for the opening of IPO application?

 

[GrandJedi]

Accredited Investor

Does OCBC privilege banking offer the Class A1 bonds to its customers?

 

[havetheveryfun]

People can go to the rating agencies website to read up on the sf rating. Up to each investor to do their own due diligence.

Those that applied for Astrea IV and enjoying the benefits of capital gain (7.5% up from IPO price!) and regular coupon payments will likely apply for Astrea V.

Those that think Astrea IV no good, will hopefully not apply for Astrea V as well! Hope to get higher allocation this time!

now being advertised on channel 8, more ppl gonna b aware, harder to get

 

[limpoop]

source https://www.bondsupermart.com/main/home

got 2 links to read

 

[limpoop]

Any indicative date for the opening of IPO application?

so far no news from rm and https://www.bondsupermart.com/main/home said in june

so should be next week or the week after

sure super super over subscribed

 

[yiron]

If it isn't clear, Temasek and its affiliates have absolutely no explicit / implicit guarantee on this bond.

That aside, the public is buying into the super senior tranche with a safety buffer of >80%, with the pool serviced by 38 funds (holding 862 companies) across 32 GPs (source: BSM)
You just have to judge for yourself whether the yield is attractive given the risk.

Personally I will apply for 5-10k if the coupon is at least 4%.

 

[Pesantkie]

FSM issued some information about the bond alrd. 4% price guidance for A-1 bond.

 

[revhappy]

FSM issued some information about the bond alrd. 4% price guidance for A-1 bond.

 

[revhappy]

Why non accredited min is 200k?