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Karachi, Power Holding Limited has disclosed terms for two ten-year debt securities. The first, with a market lot of 1 and a face value of Rs. 5,000, features a profit rate of 6-month KIBOR plus 0.8%, and an outstanding principal of Rs. 200,000,000,000, with the next coupon due on September 1, 2024. The second security, similarly structured, offers a profit rate of 6-month KIBOR minus 0.1%, with an outstanding principal of Rs. 199,966,800,000, and a coupon date set for May 21, 2024.
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