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Following the receipt of a Demand (as defined in the Guarantee) with regards to KNM Group Berhad’s event of default from the Bondholders’ Representative (“BHR”) on 3 December 2021 for Principal Amount and 13 December 2021 for Interests, CGIF paid THB 2,828,669,042.97 in total today, which accounts for (i) THB 2,780,000,000 reflecting the Principal Amount and (ii) THB 42,042,740.73 reflecting the Scheduled Interest due and unpaid under the Bond Conditions as well as (iii) THB 6,626,302.24 reflecting the Additional Accrued Interest to the BHR.
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