AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, (PPI Bot): The Hub Power Company Limited has placed a four-year Sukuk, HUBCSC2, with an issue size of PKR 7 billion and an outstanding principal of PKR 3.5 billion. The Sukuk’s profit rate is pegged to 3M KIBOR+1.8%, with the next coupon payment due on 22-Aug-2023. The market lot for the Sukuk is one certificate, valued at PKR 100,000 each.
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