The Hub Power Company Limited Schedules Coupon Payments for Two Sukuk Issues

Karachi, The Hub Power Company Limited has revealed the next coupon dates for two of its Sukuk issues, HUBCSC2 and HUBCSC4. The HUBCSC2 Sukuk, with a total issue size of Rs. 7 billion and a tenor of 4 years, will have its coupon paid on August 22, 2023. The subsequent issue, HUBCSC4, also with a 4-year tenor but with a Rs. 5 billion issue size, is scheduled for a coupon payment on March 19, 2024. Both securities have a market lot size of 1 and a face value of Rs. 100,000.