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Karachi, Hub Power Holdings Limited has issued a 5-Year Sukuk, HUBPHLSC, with a face value of Rs. 100,000. The Sukuk offers a profit rate of 6M KIBOR+2.5% and has a total issue size of Rs. 6,000,000,000, fully outstanding. The next coupon date is scheduled for 12-May-2024. This issuance is a key part of Hub Power Holdings’ financial strategy.
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