Breaking News

Agha Steel Industries Limited Secures Long-term Financing with Sukuk

Karachi, (PPI Bot): Agha Steel Industries Limited has successfully placed a six-year Sukuk, AGSILSC, with an issue size of PKR 5 billion and an outstanding principal of PKR 3.75 billion. The Sukuk carries a profit rate of 3M KIBOR+0.8%, with the next coupon due on 09-Jan-2024. The market lot is set at one, with a face value of PKR 1,000,000 per certificate.

Check Also

Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...