Worldcall Telecom Limited Releases Five-Year Debt Securities

Karachi: Worldcall Telecom Limited has announced its recent public issuance of Term Finance Certificates (TFC) on the Pakistan Stock Exchange, identified under the symbol WTLTFC3. This security has a face value of Rs. 5,000 and a market lot size of one. The tenor stands at 5 years. Investors can expect a profit rate of 6M KIBOR + 1.60%. The total value of this issue is Rs. 4,000,000,000, with the outstanding principal currently at zero. The previous coupon date was on 15-04-2020.

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President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

Islamabad: President Asif Ali Zardari has appreciated the Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malkiy, for strengthening the longstanding fraternal and strategic ties between Pakistan and Saudi Arabia. He was talking to the Ambassador, who ...