or alteration of the debt repayment schedule. The SEC requires that the bondholders’ representative analyze the benefits and shortcomings as well as the potential impacts on the bondholders both in
bond debt by extending the maturity periods, granting the issuer a call option to redeem the bonds early, adjusting interest rates, and partially repaying the principal, which constitutes a form of
maintain the Net Debt to Equity Ratio of 3.25:1 according to the consolidated financial statements ending 30 June 2024; Agenda item 2: Cancellation of the bond issuer’s duty to maintain the
company’s compliance with the terms and conditions regarding the maintenance of the debt-to-equity ratio at the end of the quarter or at the end of the fiscal year without being deemed a cause of default
requirements regarding the maintenance of the debt-to-equity ratio (D/E Ratio) as of the end of the fiscal year, as a cause of default of the terms of rights; Agenda Item 2: Consideration for approval of a
income. In addition, many GSTEL creditors are filing lawsuits against the company for debt repayment. IFA therefore views that it is unnecessary to extend the repayment period as the extension is
payment due on the maturity date of 1 September 2023, without being considered as an event of default according to the terms and conditions and without accelerating a call for debt repayment (call default
without collateral and to exercise their voting right at the shareholders? meeting on October 28, 2015.CIRKIT is seeking the shareholders? approval to (1) invest in 676.10 million baht worth of non
issuer's negotiations for debt restructuring with financial institutions or other creditors for operations within one year from the date of the Bondholders' Meeting No. 1/2025 (if any). (4) Revising
debt to equity ratio not exceeding 5:1, which will appear in the annual financial statements for 2025 and 2026; (5) Approving other actions related to the bond series, with