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Karachi: Hub Power Holdings Limited has brought a 5-year Sukuk to the market, with a face value per unit set at Rs. 100,000. The profit rate offered is the 6-month KIBOR plus a 2.5% margin. The company has raised a total of Rs. 6 billion through this issue, with the outstanding principal equaling the issued size. The next coupon date is anticipated on 12 November 2023.
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