AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: The Hub Power Company Limited has launched two four-year Sukuks. The first, with a profit rate of 3-month KIBOR plus 1.8%, has a market lot of 1 and a face value of Rs. 100,000, with a total issue size of Rs. 7,000,000,000 and an outstanding principal of Rs. 3,500,000,000. The next coupon date is 22 August 2023. The second Sukuk, pegged to 1-year KIBOR plus 1.9%, carries the same market lot and face value, with a total issue size of Rs. 5,000,000,000 and Rs. 3,750,000,000 outstanding. This coupon is due on 19 March 2024.
Check Also
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...