JS Bank Limited Expands with Tier-I and Tier-II Debt Offerings

Karachi, JS Bank Limited has actively engaged in financing through both perpetual and term securities. The “JSBLTFC 2” perpetual TFC and the “JSBLTFC 3” seven-year TFC have been issued with total sizes of PKR 2.5 billion each. The perpetual TFC carries a profit rate of 6M KIBOR plus 2.25%, with its coupon due on June 30, 2024. According to information available from the Pakistan Stock Exchange (PSX), The seven-year TFC offers a rate of 6M KIBOR plus 2.0%, with its next coupon due on June 28, 2024. Both securities cater to institutional investors with a market lot of 1 and a face value of PKR 100,000.

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Ghariwal Cement Shareholder Reports Loss of Share Certificate

Karachi: A shareholder of Ghariwal Cement Limited has officially reported the loss of a share certificate covering fifteen shares, according to a recent notice issued by the company. The lost certificate, under Folio No. 2489, was reported by M/s Moha...

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