The Hub Power Company Limited Schedules Coupon Payments for Two Debt Securities

Karachi, The Hub Power Company Limited has scheduled the next coupon dates for two of its privately placed debt securities. Both securities, each with a market lot of one and a face value of Rs. 100,000, have a tenor of four years. The first, with a profit rate of 3-month KIBOR plus 1.8 percent, has its coupon payment due on August 22, 2023. The second, offering a profit rate of 1-year KIBOR plus 1.9 percent, is due on March 19, 2024.