Chaoprayamahanakorn Public Company Limited, the issuer of CMC257A bond, will electronically convene the Bondholders’ Meeting No. 1/2025 on 4 July 2025 at 10.00 hours to consider the following matters:  

          (1) Extending the bond redemption maturity period by an additional nine months, to be due on 13 April 2026;  

          (2) Dividing the principal repayment into four installments, as follows:  

                     1st – 2nd Installments: 5 percent of the principal value as of the bond issuance date;  
                     3rd Installment: 10 percent of the principal value as of the bond issuance date;
                     4th Installment: the entire remaining amount, with the principal value as of the bond issuance date being 416 million baht.   

          (3) Increasing the bond interest rate by 0.10 percent per year, from the original rate of 7.30 percent per year to 7.40 percent per year, throughout the extended maturity period;  

          (4) Revising the conditions for partial early repayment of the bond, with the aggregate amount of each partial early repayment reduced from not less than 20 percent to not less than 10 percent of the principal value as of the bond issuance date. 
 
The SEC requires that the bondholders’ representative analyzes 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 the opinions of the bondholders’ 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 bondholders’ representative to obtain comprehensive information before making a voting decision at the bondholders’ meeting.      

Note:
Globlex Securities Co., Ltd. serves as the bondholders’ representative for CMC257A bond, to be due on 13 July 2025.