Bank Alfalah Limited Offers Perpetual Tier-I TFC to Investors

Karachi, (PPI Bot): Bank Alfalah Limited has offered a perpetual Tier-I TFC, BAFLTFC8, to the investment community. With a market lot of 1 and a face value of PKR 5,000, the TFC provides a profit rate of 6M KIBOR + 2.00%. The total issue size of PKR 7,000,000,000 is matched by the outstanding principal. The bank has scheduled the next coupon for 21-Dec-2023.