Soneri Bank Limited Announces Tenor and Next Coupon Date for Tier-II Debt Security

Karachi, Soneri Bank Limited, trading under the symbol SNBLTFC4, has disclosed key financial details pertaining to its privately placed Tier-II Term Finance Certificates (TFC) on the Pakistan Stock Exchange (PSE) today. According to the information, the security has a face value of Rs. 100,000 with a tenor of 10 years. The total issue size for this TFC is Rs. 4,000,000,000. The next coupon date for the outstanding principal is slated for 26th December 2023.