Fitch Ratings has upgraded its rating on the bonds under Astrea IV, Astrea V and Astrea VI.
On Feb 15 (New York time), Astrea IV’s class A-1 bonds were upgraded to “AA-sf” from “A+sf”. Its class B bonds were upgraded to “Asf” from “BBBsf”. Fitch has also affirmed the class A-2 bonds at 'A+sf'. Its rating outlook is “stable” for all three classes.
The ratings agency has also upgraded Astrea V’s class A-2 bonds to “A+sf” from “Asf”. Its class B bonds were, likewise, upgraded to “A-sf” from “BBBsf”.
Astrea V’s class A-1 bonds were affirmed at “A+sf”. A stable rating outlook has been assigned to the bonds.
Finally, Fitch Ratings has upgraded Astrea VI’s class B bonds to “BBB+sf” from “BBBsf”. It has also affirmed its class A-1 and A-2 bonds at “A+sf” and “Asf” respectively. All rating outlooks are stable.
See also: Investors can now invest in digital tokens with exposure to Astrea VI Bonds at lower minimum rate and Astrea VI private equity bonds' retail tranche interest rate set at 3% per annum
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