The Thailand Securities and Exchange Commission issued a notice urging holders of Eastern Power Group Public Company Limited’s EP24DA bond to review available information and exercise their rights at the upcoming bondholders’ meeting, including by seeking comprehensive details from the issuer and the bondholders’ representative before voting. Bondholders’ Meeting No. 5/2025 is scheduled for 9 December 2025 in a hybrid format to consider a six-month extension of the redemption maturity, moving the due date to 27 June 2026, and a 0.25 percentage point increase in the interest rate from 6.75 percent per year to 7.00 percent per year during the extended period. The SEC also requires the bondholders’ representative to analyse the benefits, shortcomings and potential impacts on bondholders under both approval and non-approval scenarios, with supporting reasons and the representative’s opinion. The proposals will be decided at the 9 December 2025 bondholders’ meeting.
Thailand Securities & Exchange Commission 2025-12-03
Thailand Securities and Exchange Commission urges EP24DA bondholders to assess proposals to extend maturity to 27 June 2026 and raise coupon to 7.00 percent
The Thailand Securities and Exchange Commission advises holders of Eastern Power Group Public Company Limited’s EP24DA bond to review information and exercise their rights at the upcoming bondholders’ meeting. The meeting will consider extending the redemption maturity by six months and increasing the interest rate from 6.75% to 7.00% per year. The SEC also requires the bondholders’ representative to evaluate the proposals' benefits and impacts.