Seazen’s New Metro buys $299.94 million of maturing 7½% notes early

Chicago, Nov. 22 – Seazen Holdings Co., Ltd.’s indirect wholly owned subsidiary, New Metro Global Ltd., announced the conclusion of its offer to early repurchase notes from the series of 7½% senior notes due Dec. 16, 2026 (ISIN: XS2084413454) in a press release on Monday.

Seazen repurchased $299,935,106.27 of the notes in the offer.

The notes have been canceled.

After the repurchase, there are $59.33 million of the notes outstanding.

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

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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