AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Agha Steel Industries Limited has announced the issuance of a 6-year Sukuk with a face value of Rs. 1,000,000 per unit. The profit rate is set at the 3-month Karachi Interbank Offered Rate (KIBOR) plus an additional 0.8%. The total issue size stands at Rs. 5 billion, with an outstanding principal of Rs. 3.75 billion. The next coupon for this Sukuk is expected to be issued on 09 January 2024.
Check Also
Pakistan Ready to Collaborate for Democratic UNSC, Says Ambassador Asim
New york: Pakistan stands ready to work with Africa and all partners for a just, democratic, and representative Security Council, truly reflective of the Charter's promise and responsive to the realities of our time. This was stated by the Permanent R...