Worldcall Telecom’s Debt Strategy Includes KIBORLinked TFC

Karachi, Worldcall Telecom Limited has detailed its financial strategy through the issuance of a TFC, "WTLTFC 3," with a tenor of five years. This instrument has a market lot of 1, a face value of 5,000, and a profit rate that follows 6M KIBOR + 1.60%. Although the total issue size was 4 billion rupees, the outstanding principal is currently at zero, indicating a strategic move by Worldcall Telecom in managing its financial instruments. The last coupon payment was made on 15Apr2020, reflecting the company's commitment to its financial obligations.