Hub Power Holdings Limited Commits to Five-Year Sukuk

Karachi: Hub Power Holdings Limited has committed to a five-year Sukuk, with a market lot of 1 and a face value of Rs. 100,000. The profit rate is determined by 6-month KIBOR plus 2.5%. The total issue size is Rs. 6,000,000,000, with the total outstanding principal being the same. The next coupon payment is due on 12 November 2023.

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