K-Electric Limited Sukuk Highlights Steady Performance

Karachi, K-Electric Limited issued a Sukuk with the symbol KELSC5. The market lot is 1, with a face value of Rs. 5,000. The security has a 7-year tenor and a profit rate of 3M KIBOR+1.7%. The total issue size is Rs. 25,000,000,000, with an outstanding principal of Rs. 23,750,000,000. The next coupon date is scheduled for 03-11-2023.