Thu 05/05/2022 06:56 AM
Chinese real estate developer Seazen Group faces $100 million 364-day term loan facility maturity this month, which it has told investors that it plans to repay using cash on hand, according to two sources familiar with the matter.
Seazen entered into the facility agreement in May 2021, with CMB Wing Lung Bank Limited and China CITIC Bank International Limited as the original lenders, according to an
offering memorandum.
Meanwhile, Seazen’s plan to issue new offshore notes backed by a...
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