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Pandemic prompts 'de-risk' of Astrea IV structure to safeguard future bond redemption

MORE money has been set aside for the future redemption of Temasek-owned Azalea Group’s Astrea IV Class A bonds, in a bid to “de-risk” the structure during the coronavirus pandemic.

Some US$53 million was added to the reserves accounts, on top of a scheduled US$40 million and another US$1...

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