The Securities and Exchange Commission (SEC) warns bondholders of Eastern Power Group Public Company Limited (EP) of three series, namely EP253A, EP259A, and EP263A, to exercise their rights to attend the meeting on September 7, 2026, at 2:00 p.m., in a hybrid format, after the previous meeting on August 24, 2026, lacked a quorum for some agendas. The key agenda is to extend the bond maturity, increase the interest rate during the extension period, and waive early redemption fees for some series. The SEC requires bondholder representatives to analyze the pros and cons and impacts of each option, and asks bondholders to carefully study the information before making a decision.
Eastern Power Group Public Company LimitedSEC warns EP bondholders of three series to vote on extending bond maturity after a prior meeting lacked quorum, signaling financial distress and a debt restructuring.
