Seazen Group Limited (1030) and New Metro Global Limited: Offer to Purchase 11.88% Guaranteed Senior Notes Due 2027

Bulletin Express02-26

Seazen Group Limited (1030) and its subsidiary, New Metro Global Limited, announced an offer to purchase for cash up to US$60.00 million to US$120.00 million of the outstanding 11.88% Guaranteed Senior Notes due 2027. The total principal amount of these notes currently stands at US$160.00 million.

The purchase price is set at US$981.82 per US$1,000 principal amount, and the expiration deadline will be 4:00 p.m. (London Time) on March 5, 2026. The settlement date is expected to be on or about March 10, 2026, with accrued interest payable up to (but excluding) that date.

New Metro Global Limited is concurrently conducting an offering of new senior notes and running a separate offer to purchase any and all of its 4.5% Guaranteed Senior Notes due 2026. The company indicates that this initiative aligns with its strategy to manage balance sheet liabilities and optimize its debt structure, with funding for the purchase expected to come from internal resources of Seazen Group Limited and Seazen Holdings Co., Ltd.

For full terms and conditions, holders are advised to refer to the related offer documentation distributed by the designated Information and Tender Agent. The announcement emphasizes that it does not constitute a public offer of any securities in any jurisdiction, and no investment decision should be based solely on the information therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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