Azgard Nine credits debt instruments in CDC

MG News | January 03, 2022 at 03:56 PM GMT+05:00
January 3, 2022 (MLN): The management of Azgard Nine informed the Pakistan Stock Exchange (PSX) through a notification that sub PPTFCs and new zero-coupon PPTFCs instruments have been credited in CDC on December 31, 2021.
On December 27, 2021, the company notified the bourse that its duly authorized agent banks of creditors had extended the time period for issuance of sub PPTFCs and new zero-coupon PPTFCs instruments till December 31, 2021, as required under and in accordance with the Creditors' Scheme of Arrangement approved by the Honorable Lahore High Court.
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