Energy
Absolute Public Company Limited (EA), the issuer of EA bonds, will convene a
bondholders’ meeting electronically on 27 August 2024 at 10.00 hours for three
tranches of EA bonds (i.e., EA249A, EA269A and EA289A) and at 14.00 hours for
nine tranches of EA bonds (i.e., EA257A,
EA259A, EA279A, EA299A, EA329A, EA261A, EA281A, EA301A and EA331A).
The e-meetings contain agenda for consideration of the following matters:
Agenda Item 1: Matters
for the information of the bondholders
Agenda
Item 2: Consideration and approval of
the request for a waiver for the following events not to be deemed an event of
default under the terms and conditions of the bonds:
(1) Change to the maturity dates for
redemption of short-term bills of exchange: EA24723A and EA24801A;
(2) Extension of the maturity
dates for redemption of EA248A and EA249A and an increase in the interest
rates, provision of collaterals and entering into any relevant contracts.
The SEC
requires that the bondholder representative analyze the benefits and
shortcomings as well as the potential impacts on the bondholders both in cases
of approval and decline of approval for the above matters with respective
supporting reasons, and clearly provide information to the bondholders together
with the opinions of the bondholder representative. The bondholders are,
therefore, encouraged to thoroughly review the information and exercise their
rights to protect their own interests. They should also make necessary
inquiries to the bondholder representative to obtain complete information
before making an informed decision at the bondholders’ e-meeting.
Remark:
Siam Commercial Bank Public Company Limited acts as the bondholder
representative for EA249A, EA269A and EA289A
bonds.
Kiatnakin Phatra Public Company Limited acts as the
bondholder representative for EA257A, EA259A, EA279A, EA299A, EA329A, EA261A, EA281A, EA301A and
EA331A bonds.