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The Hub Power Company Limited Issues Sukuk for Infrastructure Development

Karachi, (PPI Bot): The Hub Power Company Limited has offered two Sukuk, HUBCSC2 and HUBCSC4, both for a tenure of 4 years. HUBCSC2, with a market lot of 1 and a face value of PKR 100,000, has an issue size of PKR 7 billion and an outstanding principal of PKR 3.5 billion, with the next coupon due on 22-Aug-2023. HUBCSC4 shares the same lot and face value, with an issue size of PKR 5 billion and an outstanding principal of PKR 3.75 billion, and the next coupon date set for 19-Mar-2024.

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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...