Seazen Group Limited (Stock Code: 1030) has announced that its subsidiary, New Metro Global Limited, is making a cash offer to purchase all of its outstanding 4.5% Guaranteed Senior Notes due 2026 (ISIN: XS2290806285). The notes have an outstanding principal amount of US$404.00 million. The purchase price is set at US$1,010 for each US$1,000 in principal, and holders whose notes are accepted will also receive accrued interest.

New Metro Global Limited intends to fund the purchase with proceeds from a concurrent issuance of new senior notes, alongside internal resources. The offer forms part of efforts to manage balance sheet liabilities and optimize debt structure. According to the announcement, the offer will expire at 4:00 p.m. (London Time) on March 5, 2026, subject to any extensions, with settlement expected on or about March 10, 2026.

Priority acceptance terms apply to eligible noteholders who subscribe for the new notes and tender these 2026 notes; detailed procedures and conditions, including Investor Code requirements, are outlined in the official offer documentation. The company has stated that this offer is not made available within the United States or to U.S. persons, and is solely governed by the terms in the official announcement and the related offer to purchase document.