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Karachi (PPI Bot): U Microfinance Bank Limited has successfully placed a Term Finance Certificate (TFC) with a market lot of 1 and a face value of 100,000 PKR. The debt, with a tenure of 4 years, carries a profit rate of 6M KIBOR + 1.35%. The total issue size is set at 3,500,000,000 PKR, and the outstanding principal remains at 3,500,000,000 PKR. The next coupon is due on 23-Dec-2023.
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