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An announcement from Seazen Group Ltd. ( (HK:1030) ) is now available.
Seazen Group Ltd., through its wholly-owned subsidiary New Metro Global Limited, is planning an international offering of USD-denominated guaranteed senior notes. These notes are guaranteed by the company and Seazen Holdings. The proceeds from this issuance are intended to repay existing debts and for general corporate purposes. The pricing and other terms of the notes will be determined through a book-building process managed by several financial institutions. The proposed notes have received approval-in-principle for listing on the SGX-ST, but no binding agreement has been entered into yet, and the issuance may not materialize.
The most recent analyst rating on (HK:1030) stock is a Buy with a HK$3.30 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.
Average Trading Volume: 30,551,659
Technical Sentiment Signal: Hold
Current Market Cap: HK$18.44B
See more insights into 1030 stock on TipRanks’ Stock Analysis page.