Seazen Subsidiary Launches Cash Tender Offer for 2027 Senior Notes
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Seazen Group Ltd. has announced that its subsidiary, New Metro Global Limited, is launching a cash tender offer for its 11.88% guaranteed senior notes due September 2027. This announcement, made in Hong Kong, is intended to inform investors and emphasizes compliance with cross-border securities regulations. The notes are not registered in the U.S. and cannot be sold there except under exemptions. The company is managing its offshore debt while adhering to Hong Kong listing rules. The latest analyst rating for Seazen Group Ltd. is a Hold with a price target of HK$2.50.
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