TPL Corp Limited Secures Five-Year Financing Through TFC

Karachi, (PPI Bot): TPL Corp Limited has successfully issued a Term Finance Certificate (TFC) labeled TPLTFC3, with a market lot of 1 and a face value of 100,000. The TFC, set for a 5-year tenure, carries a profit rate pegged to 3M KIBOR + 2.50%. The total issue size amounts to Rs. 2,265,000,000, all of which remains outstanding. Stakeholders can look forward to the next coupon date on 28-Dec-2023.

The post TPL Corp Limited Secures Five-Year Financing Through TFC appeared first on Pakistan Company News.

Check Also

PM Calls for Restraint Amid Surge in Violence in Middle East

Islamabad: Prime Minister Shehbaz Sharif has said that a recent surge in violence in the Middle East is a stark reminder of the dangers associated with a tenuous ceasefire and the unbearable consequences it may lead to. According to Radio Pakistan, ...