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Karachi, K-Electric Limited has secured its financial position in the market with the issuance of Sukuk (KELSC5). The Sukuk has a market lot of 1, a face value of Rs. 5,000, and offers a profit rate of “3M KIBOR +1.7%”. The total issue size is a substantial Rs. 25,000,000,000, with an outstanding principal of Rs. 23,750,000,000. The next coupon date is set for 03-02-2024.
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