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An announcement from Seazen Group Ltd. ( (HK:1030) ) is now available.
Seazen Group Limited said its subsidiary New Metro Global Limited plans an international offering of U.S. dollar-denominated guaranteed senior notes, with the notes to be guaranteed by the parent. Pricing, including size, offer price and coupon, will be set via a bookbuilding led by Citigroup Global Markets and Haitong International Securities as joint global coordinators and bookrunners.
The issuer and Seazen intend to use net proceeds to fund a concurrent 2026 offer to purchase, refinance existing debt and for general corporate purposes, as part of ongoing balance-sheet management. The notes have received in-principle approval for listing on the Singapore Exchange, though no Hong Kong listing is sought, and the company cautioned that no binding agreement has yet been signed so the deal may not proceed.
The most recent analyst rating on (HK:1030) stock is a Hold with a HK$2.50 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, incorporated in the Cayman Islands and listed in Hong Kong, operates in the property development and investment sector. Through subsidiaries such as New Metro Global Limited, the group taps international capital markets to support refinancing, liability management and broader corporate funding needs.
Average Trading Volume: 33,680,363
Technical Sentiment Signal: Buy
Current Market Cap: HK$17.37B
See more insights into 1030 stock on TipRanks’ Stock Analysis page.