Worldcall Telecom Limited’s TFC Issue Reaches Maturity

Karachi, Worldcall Telecom Limited has fulfilled its obligations for a 5-year Term Finance Certificate (WTLTFC3), as reported to the Pakistan Stock Exchange. This TFC, with a market lot of 1 and a face value of Rs. 5,000, had an interest rate of 6M KIBOR + 1.60%. The total issue size was Rs. 4 billion, with no outstanding principal remaining. The last coupon date was recorded as April 15, 2020, marking the maturity of this debt instrument.

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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...