[ET Net News Agency, 16 January 2020] Seazen Group Limited (01030) said its subsidiary
New Metro Global Limited will issue senior notes in the aggregate principal amount of
US$350 million, which will mature on 5 August 2023.
The offer price of the notes will be 98.933% of the principal amount of the notes. The
notes will bear interest at a rate of 6.8% per annum, payable semi-annually in arrears on
5 February and 5 August of each year, beginning 5 August 2020.
The company and the subsidiary intend to use the net proceeds primarily for the
repayment of certain of existing indebtedness. (RC)