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Hub Power Holdings Limited Structures Five-Year Sukuk

Karachi: Hub Power Holdings Limited has structured a five-year sukuk, HUBPHLSC, with a profit rate of 6M KIBOR+2.5%. With a total issue size of 6 billion Rs. and an equal outstanding principal, the next coupon payment is expected on 12-May-2024, underscoring the company’s funding strategy.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...