Hascol receives NBP offer for financing facilities restructuring
MG News | February 02, 2026 at 10:49 AM GMT+05:00
February 2, 2026 (MLN): Hascol Petroleum Limited
(PSX: HASCOL) has received an offer letter dated January 29, 2026, from the
National Bank of Pakistan (NBP) relating to the restructuring and rescheduling of the
company's financing facilities.
The Company’s Board of Directors will review the offer
letter along with its terms and conditions in detail for consideration and
acceptance, according to the company's statement issued today.
Management has characterized this development as a very
important and crucial step achieved in the ongoing process of restructuring and
rationalizing the company's financing facilities.
The offer letter reflects the confidence of a major
financial institution in the company's turnaround efforts and future outlook.
With the continued support of shareholders, the management
and Board of Directors remain fully committed to ensuring sound governance,
financial discipline, and effective leadership, with a view to strengthening
the company's financial position and creating sustainable long-term value.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 165,867.32 169.46M | -1.36% -2288.17 |
| ALLSHR | 100,415.12 438.71M | -1.38% -1406.14 |
| KSE30 | 49,518.48 70.83M | -1.26% -633.13 |
| KMI30 | 237,511.29 57.18M | -1.32% -3182.77 |
| KMIALLSHR | 65,024.26 234.09M | -1.34% -881.93 |
| BKTi | 46,185.33 13.67M | -1.31% -610.99 |
| OGTi | 33,929.39 5.68M | -1.26% -432.75 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 86,025.00 | 86,330.00 85,965.00 | 20.00 0.02% |
| BRENT CRUDE | 100.22 | 103.40 99.76 | -2.03 -1.99% |
| RICHARDS BAY COAL MONTHLY | 128.50 | 0.00 0.00 | 1.00 0.78% |
| ROTTERDAM COAL MONTHLY | 144.10 | 144.30 143.50 | 0.95 0.66% |
| USD RBD PALM OLEIN | 1,167.50 | 1,167.50 1,167.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 89.24 | 89.36 89.14 | -0.19 -0.21% |
| SUGAR #11 WORLD | 20.78 | 20.81 19.85 | 0.85 4.26% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|