By Morgan Davis 10 Mar 2021 Singapore's Temasek Holdings and its wholly owned Azalea Asset Management sold the fourth iteration of the Astrea collateralised fund obligation (CFO) this week. They raised more than $450m from the institutional portion of the deal, using a tried-and-tested structure. The issuer raised S$132m ($98.04m) of class A1 bonds, $228m of class A2 bonds and $130m of class B bonds on Tuesday. A retail offering of the class A1 bonds, worth S$250m, was opened on Wednesday and is set to close on March 16. The Astrea ... Already a subscriber? Login