General Announcement::PTT Exploration and Production PCL - Substantial Repurchase Event of Securities

Issuer & Securities

Issuer/ Manager
PTTEP TREASURY CENTER COMPANY LIMITED
Securities
PTTEPTC US$500M 4.6% PERCAP A - US69371MAA53 - 77WB
PTTEPTC US$500M 4.6% PERCAP R - USY7150MAA54 - 77XB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
13-Dec-2019 10:16:42
Status
New
Announcement Sub Title
PTT Exploration and Production PCL - Substantial Repurchase Event of Securities
Announcement Reference
SG191213OTHR83HY
Submitted By (Co./ Ind. Name)
Chanamas Sasnanand
Designation
Senior Vice President, Finance Division
Effective Date and Time of the event
13/12/2019 10:30:00
Description (Please provide a detailed description of the event in the box below)
Reference is made to the Indenture, dated as of July 17, 2017 (as amended and supplemented, the "Indenture"), among PTTEP Treasury Center Company Limited, as the issuer ("Issuer"), the Company and The Bank of New York Mellon as the trustee (the "Trustee"). Capitalized terms used herein and not otherwise defined shall have the same meanings ascribed thereto in the Indenture.

The Company hereby announces on December 11, 2019, the Issuer has delivered notice to holders that pursuant to Section 12.7 of the Indenture, the Issuer has elected to affect a redemption upon a Substantial Repurchase Event of the Securities under Section 12.7 of the Indenture in the manner more fully described below.

The Issuer has designated January 10, 2020 as the redemption date (the "Redemption Date") for the redemption upon a Substantial Repurchase Event of Securities. The entire outstanding principal amount of the Securities is currently U.S.$30,852,000 and on the Redemption Date, the Issuer shall redeem all of the outstanding Securities in an aggregate principal amount of U.S.$30,852,000, at a redemption price equal to the principal amount plus accrued and unpaid Distribution of U.S.$22.1055556 per U.S.$1,000 (the "Redemption Amount"). On the Redemption Date, the Redemption Amount will become due and payable in respect of the Securities.
Payment of the Redemption Amount of the Securities will be made through The Depository Trust Company, in accordance with the provisions of the Securities.

Attachments

Hulk - Redemption Announcement SGX.pdf
Total size =63K