JS Bank Limited to Exercise Call Option and Close Transfer Book for Term Finance Certificates (JSBLTFC-11) on August 04, 2023

Karachi, JS Bank Limited has announced its decision to exercise the Call Option in full for the JSBLTFC-11 Term Finance Certificates (TFCs) issued on December 29, 2017. The redemption date is set for August 04, 2023, on which the bank will redeem the entire principal outstanding amount of PKR 1,995,600,000/- along with accrued profit (subject to deduction of Zakat and Tax as per applicable laws). During this process, the Transfer Books related to the TFC issue will remain closed from July 30, 2023, to August 04, 2023, both days inclusive. TFC holders are advised to inform the Bank’s Registrar, M/s. CDC Share Registrar Services Limited, of any address or income tax exemption status changes promptly.

The post JS Bank Limited to Exercise Call Option and Close Transfer Book for Term Finance Certificates (JSBLTFC-11) on August 04, 2023 appeared first on Pakistan Company News.