Shearman And Sterling

News February 09, 2021

New Metro Global Limited’s Tender Offer and $404 Million Senior Notes Offering

Shearman & Sterling represented New Metro Global Limited as the issuer and Seazen Holdings Co., Ltd. as the guarantor in connection with an offer to purchase for cash by New Metro Global Limited for its outstanding 6.5% senior notes due 2021 and 7.125% senior notes due 2021.

The firm also represented New Metro Global Limited as the issuer and Seazen Group Limited as the guarantor in connection with New Metro Global Limited’s offering of $404 million 4.5% guaranteed senior notes due 2026. 

New Metro Global Limited operates as a special purpose entity and a subsidiary of Seazen Holdings Co., Ltd., a China-based company principally engaged in real estate development and operation.

The team below also included international specialist Yiming Chen (Shanghai-Capital Markets). 

The Team

Industries

Regional Experience