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Seazen Group Announces Cash Offer for Outstanding Senior Notes

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Seazen Group Announces Cash Offer for Outstanding Senior Notes

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The latest announcement is out from Seazen Group Ltd. ( (HK:1030) ).

Seazen Group Limited, through its subsidiary New Metro Global Limited, has announced an offer to purchase its outstanding 4.625% guaranteed senior notes due in October 2025 for cash. This move is part of the company’s financial strategy to manage its debt obligations, potentially impacting its liquidity and financial stability, while also ensuring compliance with regulatory requirements in Hong Kong.

The most recent analyst rating on (HK:1030) stock is a Sell with a HK$0.80 price target. To see the full list of analyst forecasts on Seazen Group Ltd. stock, see the HK:1030 Stock Forecast page.

More about Seazen Group Ltd.

Seazen Group Limited is a company incorporated in the Cayman Islands, primarily involved in the real estate industry. It is listed on the Stock Exchange of Hong Kong and operates through various subsidiaries, focusing on property development and management.

Average Trading Volume: 28,270,472

Technical Sentiment Signal: Buy

Current Market Cap: HK$15.77B

See more insights into 1030 stock on TipRanks’ Stock Analysis page.

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