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Karachi, (PPI Bot): K-Electric Limited has released Sukuk securities under the symbol KELSC6. With a market lot of 1, these Sukuks are valued at a face value of PKR 100,000 each and have a tenor of 7 years. The profit rate is set at 3-month KIBOR plus 1.7%. The total issue size has been declared as PKR 6,700,000,000, which coincides with the outstanding principal. The next coupon date is noted for February 23, 2024.
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