Power Holding Limited Releases Second 10-Year Sukuk

Karachi, Power Holding Limited has issued another Sukuk (PESC2) with a market lot of 1 and a face value of Rs. 5,000. This ten-year tenor security features a profit rate of “6M KIBOR -0.1%”, covering a total issue size and outstanding principal of Rs. 199,966,800,000. The next coupon date is scheduled for 21-May-2024.

Check Also

PM Congratulates Ethiopian Prime Minister on Election Triumph

Islamabad: Prime Minister Muhammad Shehbaz Sharif has extended his congratulations to Prime Minister Abiy Ahmed Ali and the Prosperity Party on their recent success in Ethiopia's parliamentary elections. According to Radio Pakistan, in a message sha...