Karachi, Hub Power Holdings Limited has issued a sukuk, HUBPHLSC, with a tenure of five years and a face value of 100,000 PKR. The profit rate is set at 6M KIBOR + 2.5%, with a total issue size of 6,000,000,000 PKR and an outstanding principal of 4,500,000,000 PKR. According to information available from the Pakistan Stock Exchange (PSX), this debt security is due for its next coupon payment on November 12, 2024.