AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: TPL Corp Limited (TPLSC) has declared the issuance of Sukuk securities with a market lot size of 1 and a face value of Rs. 100,000. These securities will have a tenor of 5 years and a profit rate of “3M KIBOR + 2.25%.” The total issue size for TPLSC is Rs. 2,190,000,000, with the next coupon date scheduled for 23-Dec-2023.Additionally, TPL Corp Limited (TPLTFC3) has also announced the issuance of Tier-II Privately Placed Debt Securities with a market lot size of 1 and a face value of Rs. 100,000. These securities have a tenor of 5 years and will carry a profit rate of “3M KIBOR + 2.50%.” The total issue size for TPLTFC3 is Rs. 2,265,000,000, with the next coupon date set for 28-Dec-2023.
Check Also
ECC Allocates Rs 5 Billion for Daanish Schools Authority Fund
Islamabad: The Economic Coordination Committee of the Cabinet has approved measures involving 11.6 billion rupees. According to Radio Pakistan, the Committee, which met in Islamabad, approved 6.6 billion rupees for the purchase of 30 bullet-proof ve...