AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
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.
Check Also
Ghandhara Tyre and Rubber Reports Loss of Nearly 34,000 Shares
Karachi: Ghandhara Tyre and Rubber Company Limited, formerly known as The General Tyre and Rubber Company of Pakistan Limited, has reported a significant loss of share certificates belonging to the deceased shareholder, Tahira Sultana. The lost shares...
The post Ghandhara Tyre and Rubber Reports Loss of Nearly 34,000 Shares appeared first on .