PTT: Annual Report 2011

Page 328

02/04/2009

Date

Baht

5,000

Principal repayment

Floating rate of Semi-annual Repayable in 6M THBFIX + semi-annual a fixed rate installments with the last payment due on March 30, 2019

Interest rate (% per annum) in accordance Principal with loan Interest Currency (unit: million) agreements payment

In 2010, the Company entered Floating rate of into an Interest Rate Swap 6M THBFIX+ agreement, with an effective a fixed rate date of June 30, 2010 until the principal maturity date of March 30, 2019.

Hedging instruments

Interest rate (% per annum) in accordance with hedging contracts

The interest rate swap contract granted the contracted parties a one-time right on June 30, 2012, to change from a floating rate of 6M THBFIX + a fixed rate to a fixed rate of 4.355% per annum.

Terms of hedging instruments

As at December 31, 2011, the Company has entered into a contract to hedge its financial risks arising from the fluctuation of interest rates on some Baht currency long-term loans. The details are as follows:

Loans – Baht currency

122

PTT Public Company Limited   Financial Report


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