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Karachi, Samba Bank Limited has issued a Tier-II TFC, “SBLTFC,” with a ten-year tenure, as noted in its filing with the Pakistan Stock Exchange. The TFC has a total issue size of Rs. 5 billion, with Rs. 4.997 billion outstanding. It is scheduled for its next coupon date on March 1, 2024, with each market lot valued at a face value of Rs. 100,000. This move represents Samba Bank’s strategic financial planning for long-term capital.
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