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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