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.

Check Also

Junaid Chaudhry Announces Establishment of Fisheries, Aquaculture Centre in Karachi

Karachi: Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced the establishment of a fisheries and aquaculture research centre at the Korangi Fish Harbour Authority in Karachi. According to Radio Pakistan, the Minister stated ...