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Seazen plans to sell dollar-denominated guaranteed senior notes
Chicago, Aug. 5 – Seazen Group Ltd. proposes to issue senior notes, according to a press release on Wednesday.
The notes will be dollar-denominated and guaranteed by subsidiary guarantors.
Proceeds will be used to repay offshore debt.
The company sold $400 million of 6.45% senior notes in early June.
Seazen is a Shanghai-based real estate developer.
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