Karachi, According to information available from the Pakistan Stock Exchange (PSX), U Microfinance Bank Limited has issued privately placed debt securities with a market lot of 1 and a face value of Rs. 100,000. This debt has a tenor of 4 years with a profit rate of "6M KIBOR + 1.35%." The outstanding principal stands at Rs. 1,749,965,000 with the next coupon date on 23-Jun-2024.
U Microfinance Bank Limited Announces Debt Issue
Karachi, According to information available from the Pakistan Stock Exchange (PSX), U Microfinance Bank Limited has issued privately placed debt securities with a market lot of 1 and a face value of Rs. 100,000. This debt has a tenor of 4 years with a profit rate of "6M KIBOR + 1.35%." The outstanding principal stands at Rs. 1,749,965,000 with the next coupon date on 23-Jun-2024.