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Karachi: K-Electric Limited has announced a Sukuk with the symbol KELSC6. The face value is marked at 100,000, and it carries a tenor of 7 years. The profit rate is 3M KIBOR + 1.7%. The total issue size stands at PKR 6,700,000,000, with the same amount being the outstanding principal. The subsequent coupon date is set for 23-Nov-2023.
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