TPL Corp Limited Schedules Coupon Payments for Its 5-Year Debt Securities

Karachi, TPL Corp Limited has announced upcoming coupon dates for two of its debt securities, both with a tenor of 5 years. Each security has a market lot of 1 and a face value of 100,000. The first security, bearing a profit rate of "3M KIBOR + 2.25%", has an outstanding principal of 2.19 billion PKR, with a coupon date set for June 23, 2024. The second, offering "3M KIBOR + 2.50%", has an outstanding principal of 2.265 billion PKR, with the coupon due on June 28, 2024.