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Karachi: K-Electric Limited has issued a Sukuk with the symbol KELSC6. The market lot is set at 1, and the face value stands at 100,000. The Sukuk has a tenor of 7 years and offers a profit rate of 3M KIBOR + 1.7%. The total issue size is Rs. 6,700,000,000, with an outstanding principal of the same amount. The upcoming coupon date is marked for 23-Nov-2023.
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