Karachi: Askari Bank Limited has offered a perpetual Tier-I debt instrument, AKBLTFC6, featuring a profit rate of 6M KIBOR+1.5%. The total issue size is 6 billion Rs., matching the outstanding principal, with the next coupon date set for 03-Jan-2024, ...
Read More »Power Holding Limited Issues Sukuk for Infrastructure Development
Karachi: Power Holding Limited has issued two sukuks, PESC1 and PESC2, to support infrastructure development. PESC1 has a ten-year tenure with a 6M KIBOR+0.8% profit rate, and an astounding issue size of 200 billion Rs., matching the outstanding princ...
Read More »Soneri Bank Limited Offers Tier-I Debt Security
Karachi: Soneri Bank Limited's Tier-I debt security, SNBLTFC3, carries a perpetual tenure with a profit rate of 6M KIBOR+2.00%. The total issue size stands at 4 billion Rs., matching the outstanding principal, with the next coupon payment due on 06-12...
Read More »Pakistan Services Ltd. Reports Significant Loss
Karachi: Pakistan Services Ltd. has not declared any dividends for June, reporting a significant loss with negative earnings per share of (12.17) Rs. The share rate is listed at 325.24 Rs., with a turnover of 28900 shares, indicating a difficult fisca...
Read More »The Bank of Punjab Ensures Long-Term Stability with Perpetual TFC
Karachi: The Bank of Punjab ensures long-term financial stability with its perpetual Tier-I TFC, BOPTFC2, offering a profit rate of 6M KIBOR+2.00%. The issue size is significant at over 8 billion Rs., corresponding to the outstanding principal, with t...
Read More »Worldcall Telecom Limited Fulfills Five-Year TFC Obligations
Karachi: Worldcall Telecom Limited's five-year TFC, WTLTFC3, with a profit rate of 6M KIBOR+1.60%, has been settled with the last coupon paid on 15-04-2020. The issue size was 4 billion Rs., indicating the company's completed financial commitment for ...
Read More »Kashf Foundation Commits to Social Impact with Four-Year TFC
Karachi: Kashf Foundation has issued a four-year TFC, KFTFC1, with a profit rate of 3M KIBOR+2.25%, underscoring its commitment to social impact initiatives. The total issue size is 2 billion Rs., with an outstanding principal of 666.67 million Rs. Th...
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