Karachi: K-Electric Limited’s seven-year sukuk, KELSC5, has been issued with a profit rate tied to 3M KIBOR+1.7%. The issue size is 25 billion Rs., with an outstanding principal of 23.75 billion Rs. The next coupon date is anticipated on 03-02-2024, indicating the company’s strategic debt planning.
Check Also
Pakistan Issues $3 Billion Dual-Tranche Eurobond
Islamabad: Pakistan has issued a three-billion-dollar dual tranche Eurobond. The positive development was shared by Finance Minister Muhammad Aurangzeb while speaking at the High-Level International Dialogue on Taxation for Fiscal Sustainability in Pa...
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service