Telecard Limited’s TFC Fulfills Debt Market Obligations

Karachi, Telecard Limited has successfully issued a 6-year Term Finance Certificate (TELETFC), according to its financial disclosure to the Pakistan Stock Exchange. The TFC, with a market lot of 1 and a face value of Rs. 5,000, has an interest rate of 3M KIBOR + 0%. It has a total issue size of Rs. 2.4 billion, with no outstanding principal reported. The last coupon date was December 31, 2021, indicating the completion of this financial instrument’s obligations.

Check Also

Pakistan Ready to Collaborate for Democratic UNSC, Says Ambassador Asim

New york: Pakistan stands ready to work with Africa and all partners for a just, democratic, and representative Security Council, truly reflective of the Charter's promise and responsive to the realities of our time. This was stated by the Permanent R...