Page 202 - Amata-one-report2020-en

Debenture no.1/2017, no.2/2017 and no.3/2017 are unsecured, registered and senior

debentures with trustees and have a face value of Baht 1,000 each, totaling Baht 5,000 million
and is to be offered to investors by private placement. The Company has no option to redeem
the debenture before the maturity date.

The Company redeemed the senior and unsecured debenture 1/2017 that mature on

5 October 2020 amounting to Baht 1,000 million.

Debenture no.1/2018 are unsecured, registered and senior debentures with trustees and
have a face value of Baht 1,000 each, totaling Baht 1,000 million and is to be offered to
investors by private placement. The Company has no option to redeem the debenture before

the maturity date.

The debenture has covenants with respect to rights and duties of debenture issuers and
debenture holders which must be followed by the Company such as a requirement to maintain

certain financial ratios, and restrictions on payment of dividends in case the Company cannot
repay any payables under the debenture and transactions with related parties must have fair
conditions.

Movements in the debenture account for the years ended 31 December 2020 and 2019 are

summarised below.

(Unit: Million Baht)
Consolidated / Separate

financial statements
2020 2019

Balance at beginning of the year 5,994 5,991
Add: Issuance of debentures during the year 2,000 -

Amortisation of unamortised costs relating to the issuance
of the debentures 2 3
Less: Repayment (1,000) -
Increase in unamortised costs relating to the issuance

of the debentures (3) -

Balance at end of the year 6,993 5,994

On 9 April 2020, the 2020 Annual General Meeting of the Company’s shareholders passed

a resolution, to offer and issue the debentures in the total amount of Baht 6,000 million. On
1 October 2020, the Company issues the long-term debentures No.1/2020 with a face value
of Baht 1,000 each, totaling Baht 2,000 million, as follows:

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