Annual report pursuant to Section 13 and 15(d)

AMAK Long-term Debt (Tables)

v3.20.4
AMAK Long-term Debt (Tables) - AMAK
12 Months Ended
Dec. 31, 2020
Debt Instrument [Line Items]  
Summary of Long-Term Debts
Long-term debts are summarized as follows at:
September 30, December 31,
2020 2019
SIDF 275,000,000  275,000,000 
BSF 100,000,000  50,000,000 
Deferred finance charges (5,873,053) (7,066,153)
Total debt 369,126,947  317,933,847 
Less current portion 97,500,000  50,000,000 
Total long-term debt, less current portion 271,626,947  267,933,847 
Repayment Schedule
The repayment schedule is as follows:
Years Ending
December 31,
2020 50,000,000 
2021 86,666,668 
2022 91,666,668 
2023 96,666,664 
2024 50,000,000 
375,000,000