AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, (PPI Bot): U Microfinance Bank Limited has offered its Term Finance Certificates (TFCs), tagged as UMBLTFC1. Each TFC, with a market lot of 1, holds a face value of PKR 100,000 and carries a profit rate based on the 6-month KIBOR plus 1.35%. The TFCs have a tenure of four years, and the total issue size amounts to PKR 3,500,000,000, which remains fully outstanding. The upcoming coupon is due on December 23, 2023.
The post U Microfinance Bank Limited TFC Offering appeared first on Pakistan Company News.