C07807-2023

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Nov 3, 2023
2. SEC Identification Number
39274
3. BIR Tax Identification No.
000-506-020-000
4. Exact name of issuer as specified in its charter
ACEN CORPORATION
5. Province, country or other jurisdiction of incorporation
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
35th Floor, Ayala Triangle Gardens Tower 2, Paseo de Roxas corner Makati Avenue, Makati City Postal Code 1226
8. Issuer's telephone number, including area code
(02) 7730 6300
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares 39,677,394,773
Series A Preferred Shares 8,341,500
Series B Preferred Shares 16,658,500
11. Indicate the item numbers reported herein
Item 9 - Other Events

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

ACEN CORPORATIONACEN

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Restructuring of Loan

Background/Description of the Disclosure

Today, 3 November 2023, the Company’s Executive Committee authorized the Company and its subsidiary, ACEN Renewables International Pte. Ltd. (“ACRI”), to enter into an agreement with Yoma Strategic Holdings Ltd. (“Yoma”) and its wholly-owned subsidiary, Yoma Strategic Investments Ltd. (“YSIL”), to restructure YSIL’s outstanding loan (USD27 million inclusive of interest) with ACRI.

ACRI made available a USD25 million facility to YSIL, guaranteed by Yoma, to fund the roll out of the micro grids for telecommunications towers by Yoma Micro Power Pte. Ltd. (“YMPS”), Yoma’s joint venture with Norfund, IFC and the YMPS founder. Under the restructure agreement, YSIL will purchase the loan from ACRI, payable within a ten-year period, with a Yoma parent guarantee.

Other Relevant Information

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Filed on behalf by:
Name Alan Ascalon
Designation Vice President/Asst. Corporate Secretary