AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: TPL Corp Limited has solidified its market position by issuing a sukuk, TPLSC, and a TFC, TPLTFC3, each with five-year tenures. The sukuk carries a profit rate of 3M KIBOR+2.25%, and the TFC offers a slightly higher rate of 3M KIBOR+2.50%. Both instruments have an issue size of over 2 billion Rs., with their next coupons due on 23-Dec-2023 and 28-Dec-2023 respectively, demonstrating TPL’s commitment to long-term financial planning.
Check Also
Pakistan Issues $3 Billion Dual-Tranche Eurobond
Islamabad: Pakistan has issued a three-billion-dollar dual tranche Eurobond. The positive development was shared by Finance Minister Muhammad Aurangzeb while speaking at the High-Level International Dialogue on Taxation for Fiscal Sustainability in Pa...