Seazen’s New Metro offers to buy 7½% senior notes due December early

Chicago, Nov. 8 – Seazen Holdings Co., Ltd.’s indirect wholly owned subsidiary, New Metro Global Ltd., is offering to buy its $350 million outstanding 7½% senior notes due Dec. 16, 2021 (ISIN: XS2084413454) early, according to an announcement.

The company is offering to buy the notes at par plus interest to the settlement date.

Tender instructions are due by 11 a.m. ET on Nov. 17.

Settlement is expected for Nov. 19.

Funding will come from the internal resources of New Metro Global and Seazen.

Haitong International Securities Co. Ltd. is the dealer manager.

D.F. King & Co., Inc is the information and tender agent for the offer (+44 20 7920 9700, +852 3953 7208, seazen@dfking.com, https://sites.dfkingltd.com/seazen).

Seazen is a Shanghai-based real estate developer.

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