The Hub Power Company Limited Issues Two Sukuks Totaling Rs. 12 Billion

Karachi, The Hub Power Company Limited has entered the market with two Sukuk issuances, HUBCSC2 and HUBCSC4, both with a market lot of 1 and a face value of Rs. 100,000. HUBCSC2 has a tenor of 4 years and a total issue size of Rs. 7,000,000,000, with its next coupon date scheduled for 22-Aug-2023. Similarly, HUBCSC4 also has a tenor of 4 years, with a total issue size of Rs. 5,000,000,000, and the next coupon date is set for 19-Mar-2024.