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Power Holding Limited Issues Another 10-Year Sukuk at a Unique Profit Rate

Karachi, (PPI Bot): In a subsequent offering, Power Holding Limited has issued a 10-year Sukuk, PESC2, with a total issue size of PKR 199.9668 billion, which is also the amount of the outstanding principal. The Sukuk carries a unique profit rate of 6M KIBOR-0.1%, and holders are looking forward to the next coupon date on 21-Nov-2023.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...