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Karachi, Hub Power Holdings Limited has solidified its financial base by issuing a 5-year Sukuk, HUBPHLSC, with a total size of Rs. 6 billion. This issuance, fully outstanding, is scheduled for the next coupon date on May 12, 2024. The security, with each Sukuk holding a market lot size of 1 and a face value of Rs. 100,000, highlights Hub Power’s strategic approach to funding its operations through Islamic financial instruments.
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