Tue 05/31/2022 06:14 AM
Seazen Group Ltd. has told investors that it has prepared sufficient funding for the redemption of its $400 million 6.45% senior notes due June 11, 2022, according to two sources with knowledge of the matter.
Earlier today, Seazen Group said that its British Virgin Islands subsidiary, New Metro Global Ltd., had
priced $100 million 7.95% senior notes due June 2023 at par, in a rare instance of a Chinese real estate developer accessing offshore high-yield markets in recent months.
The one-year...
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