JS Bank Completes Profit Payments and Principal Repayment on Debt Securities

Karachi: JS Bank Limited has fulfilled its obligations on profit payments and principal repayments for its debt securities JSBLTFC-V as of August 30, 2024. According to information available from the Pakistan Stock Exchange (PSX), the securities, issued on August 30, 2023, and bearing the symbol JSBLTFC4, have seen significant financial transactions during this period.

The bank reported a principal redemption amounting to Rs. 933,333, with the outstanding principal balance on these securities being Rs. 3,499.07 million as of the end of August 2024. Additionally, the profit paid to the holders of these Term Finance Certificates (TFCs) up to the same date totaled Rs. 837.63 million.

This financial activity is conducted in accordance with paragraph 5C.8(xii)(b) of the PSX Regulations, underscoring JS Bank’s adherence to regulatory requirements and its commitment to upholding the interests of its debt security holders.

The post JS Bank Completes Profit Payments and Principal Repayment on Debt Securities appeared first on .