Annual report pursuant to Section 13 and 15(d)

AMAK LONG-TERM DEBT (Tables)

AMAK LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2019

Principal payments of long-term debt for the next five years and thereafter ending December 31 are as follows:



Year Ending December 31,	Debt
	(thousands of dollars)
2020	$	4,375
2021	4,375
2022	4,375
2023	70,813
Total	$	83,938

AMAK

Debt Instrument [Line Items]

Summary of Long-Term Debts



Long-term debts are summarized as follows at:
	December 31,
	2019		2018
SIDF	275,000,000		305,000,000
BSF	50,000,000		—
Deferred finance charges	(7,066,153	)	(8,741,288	)
Total debt	317,933,847		296,258,712
Less current portion	50,000,000		30,000,000
Total long-term debt, less current portion	267,933,847		266,258,712

Repayment Schedule

The repayment schedule is as follows:



Years Ending December 31,
2020	50,000,000
2021	76,666,668
2022	76,666,668
2023	86,666,664
2024	35,000,000
	325,000,000

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details