EFTA01367212.pdf

Amendment #4 Page 783 of 868 telgrsit..Cs!! on On Noverrter 22, 2013 the Company entered into seared lore with Ex-Im and CA I to finance the lamed Expansion for a total of USS53,733,675 (Note 1) Overall teas of these sectred bars are Exam CABEI Available crest teary 529,633,675 $24,100.000 Interest rate ORR' Libor + 5,75% Penal AuguBt 2031 August 2028 Guarantee SectrityPackage with all Company assets and share pledge As of December 31. 2013. the Company had not made any withdrawals from credit Caddies obtained to finance the Ftoett Expansion Therefore, the balance of deferred finance costs associated with the !nano ng of the Frexect Expansion snouted to USS1.277,712 as of wet date and was presented as an asset in the accomperryog statement d answer posit cei Wnen vancrawa la cocurted in 2014, the deferred frenong cost was reclassifed as an offset to the outstanding liability balance. Refer to a Owosso) of rerstricted cash conddons under the aelil agreement as explained In Nate 6 attire Debt agreements careened the following fine reel ccwenants. Bread-es in meeting the financel covenants would permt the lenders to immedetery can loans and borromngs (*Whitton requirements Debt service coverage ratio (historical) 1.25x Debt service coverage rat* (protected) 125x Debt to equity ratio ( + definition) 2016 82 18 2017. 81 19 2018 80 20 2019 78 22 2020 78 24 2021 omen* 7525 Taal cbtt less DSRA. do Taal wisty less 'diet equity comporeers" Financial maintenance covenants Debt servce coverage ratio Deot to equity ratio thrimum capital 548,030000 (only CABEI bare) As or December 31, 2014, The Company was in compeance with these restrictive covered,. As of December 31, 2014 accrued interest and fees on notes and loans payable amount to US$5.987.891 (2013. US$5,377,0)2) F-461 http://cfdocs.btogo.com:27638/cf/drv7/pub/edgar/2015/07/20/0001193125-15-256461/d78... 7/20/2015 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0058740 CONFIDENTIAL SDNY_GM_00204924 EFTA01367212