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Karachi, K-Electric Limited has released information regarding its Sukuk, identified as KELSC 5. The Sukuk has a market lot of 1 and a face value of PKR 5,000. It has a tenor of 7 years with an interest rate set at 3-Month KIBOR + 1.7%. The total issue size is PKR 25,000,000,000, with an outstanding principal of PKR 23,750,000,000. The subsequent coupon date is 3rd November 2023.
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