JS Bank Limited Announces Payments on JSBLTFC-V Debt Securities

Karachi, JS Bank Limited has fulfilled its obligations regarding the payment of profit on debt securities and the repayment of the principal amount for JSBLTFC-V, as scheduled on May 30, 2024. This compliance is in line with paragraph 5C.8(xii)(b) of the Pakistan Stock Exchange (PSX) Regulations. According to information available from the Pakistan Stock Exchange (PSX), the securities, issued on August 30, 2023, and bearing the symbol JSBLTFC4, had principal and profit payments made to TFC holders. The bank reported that it had paid a profit amounting to Rs. 632,326.136 and redeemed Rs. 700,000 in principal. As of May 30, 2024, the outstanding principal amount stands at Rs. 3,499,300,000.