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Karachi, Mughal Iron & Steel Industries Limited (MUGHAL) has announced the issuance of 5-year debt securities with a face value of Rs. 1,000,000. The profit rate for these securities is set at “3M KIBOR + 1.3%”, with the next coupon date on June 2, 2024. This move is aimed at bolstering the company’s financial stability and supporting its expansion plans.
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