TPL Corp Limited Commits to Infrastructure Development with Sukuk Issuance

Karachi (PPI Bot): TPL Corp Limited has committed to financing its infrastructure projects by issuing 5-year Sukuk with a profit rate of 3-month KIBOR plus 2.25%. The total issue size is PKR 2.19 billion, with the same amount outstanding. The company will make its next coupon payment on 23 December 2023.

Check Also

Pakistan Emphasizes Diplomacy for Iran Nuclear Issue

Islamabad: Pakistan has reiterated that the Iran nuclear issue should be addressed through peaceful means. The remarks were made by Pakistan's Permanent Representative to the UN, Asim Iftikhar Ahmad, while speaking on the Security Council Vote on the ...