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Seazen Group Announces US$300 Million Senior Notes Issuance

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Seazen Group Announces US$300 Million Senior Notes Issuance

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Seazen Group Ltd. ( (HK:1030) ) has provided an announcement.

Seazen Group Ltd. has announced the issuance of US$300 million in 11.88% senior notes due 2028. The proceeds, approximately US$294 million, will be used to fund concurrent offers to purchase. The notes have received approval-in-principle for listing on the SGX-ST, though no listing has been sought in Hong Kong. The issuance is expected to complete on 26 June 2025, subject to certain conditions, and stakeholders are advised to exercise caution.

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 Ltd. is a company incorporated in the Cayman Islands with limited liability, primarily involved in the issuance of senior notes. The company operates within the financial sector, focusing on securities and investment activities.

Average Trading Volume: 28,380,859

Technical Sentiment Signal: Buy

Current Market Cap: HK$15.77B

Learn more about 1030 stock on TipRanks’ Stock Analysis page.

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