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
PM and Defence Production Minister Discuss Makkah Joint Defence Agreement
Islamabad: Minister for Defence Production Muhammad Raza Hayat Harraj called on Prime Minister Muhammad Shehbaz Sharif in Islamabad. The meeting focused on discussions of mutual interest between the two leaders. According to Radio Pakistan, the Mini...