K-Electric and Pak Brunei Investment signs Sukuk documents
KARACHI: K-Electric plans to issue Pakistan’s largest ever Retail Listed SUKUK in private sector of PKR 25 Billion with seven years’ tenor (including green shoe option of up to PKR 5 Billion), which has been rated AA+ by VIS Credit Rating Agency.
Senior members of K-Electric and Pak Brunei Investment Co. Ltd. (Trustee for Sukuk Issue) signing the Sukuk documents along with representatives of HBL and NBP. HBL is the Exclusive Shari’ah Structuring Advisor, while HBL and NBP are Joint Structuring Agents for the transaction.” PR
