AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: TPL Corp Limited has announced the issuance of two Sukuks, TPLSC and TPLTFC3, each with a market lot of 1 and a face value of PKR 100,000. The TPLSC is a 5-year Sukuk with a profit rate of 3-month KIBOR plus 2.25%, with both the total issue size and the outstanding principal at PKR 2,190,000,000. The next coupon date is scheduled for 23rd December 2023. The TPLTFC3 is another 5-year Sukuk with a profit rate of 3-month KIBOR plus 2.50%, with a total issue size and outstanding principal of PKR 2,265,000,000, with a coupon date due on 28th December 2023.
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...