C05302-2021

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)
Aug 2, 2021
2. SEC Identification Number
CS200811530
3. BIR Tax Identification No.
007-085-191
4. Exact name of issuer as specified in its charter
NICKEL ASIA CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
28th Floor NAC Tower, 32nd Street, Bonifacio Global City, Taguig City Postal Code 1634
8. Issuer's telephone number, including area code
(632) 7798-7622
9. Former name or former address, if changed since last report
Not applicable.
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 (NIKL) 13,630,850,117
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.

Nickel Asia CorporationNIKL

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

Execution by Nickel Asia Corporation subsidiary Jobin-SQM Inc. of syndicated loan agreement

Background/Description of the Disclosure

Further to the July 6, 2021 disclosure of Nickel Asia Corporation (NAC), NAC confirms the execution by its subsidiary, Jobin-SQM Inc. (JSI), of a syndicated loan agreement for up to Php1.6 billion (the “Syndicated Loan”) on August 2, 2021. The parties to the Syndicated Loan are JSI as Borrower; Industrial and Commercial Bank of China-Manila Branch and Security Bank Corporation as Lenders; Security Bank Corporation – Trust and Asset Management as Facility Agent and Collateral Trustee; SB Capital Investment Corporation as Sole Issue Manager and Lead Arranger; and JSI’s shareholders, NAC, its subsidiary Emerging Power, Inc. (EPI), and TBEA International Engineering Co. Ltd. (TBEA) as Share Collateral Security Grantors and Sponsors. A portion of the proceeds of the Syndicated Loan will refinance the existing loan of JSI from NAC which was used by JSI for its solar power plant expansion projects that commenced in 2020.

As stockholders of JSI, NAC, EPI and TBEA will pledge their shares in JSI to secure the obligation of JSI as Borrower, NAC will also guarantee the Debt Service Reserve Account of JSI pursuant to the Syndicated Loan.

Other Relevant Information

None.

Filed on behalf by:
Name Georgina Carolina Martinez
Designation Senior Vice President - Compliance and Corporate Services, Chief Compliance Officer, Assistant Corporate Secretary