K-Electric Limited’s Sukuk Nears Coupon Date Amidst Stable Tenure

Karachi: K-Electric Limited’s Sukuk, KELSC6, with a seven-year term, is set for its next coupon payment on 23-Nov-2023. The Sukuk bears a profit rate of 3M KIBOR+1.7% against a total issue size of PKR 6,700,000,000, entirely outstanding. Each market lot is priced at PKR 100,000, providing investors with substantial profit potential.

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Pakistan Ready to Collaborate for Democratic UNSC, Says Ambassador Asim

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