IGI Securities Limited – Investor Kit – Top News (21-05-2020)

Islamabad, May 21, 2020 (PPI-OT): Sukuk issue: Rs 200 billion raised at less than Kibor rate: Power Division

The Power Division Wednesday said that it has raised Rs200 billion though Islamic Sukuk at less than Kibor rate (minus Kibor). This was done though competitive book-building at Pakistan Stock Exchange (PSX) though an open and transparent process.

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