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.
Check Also
Meeting Focuses on Preparations for Youm-e-Istehsal Commemoration
Islamabad: A meeting was held in Islamabad today with Federal Secretary for Kashmir Affairs and Gilgit-Baltistan Kamran Rehman Khan in the chair, to review preparations for the observance of Youm-e-Istehsal on the 5th of next month. According to Rad...
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service