VIS finalizes rating of Islamic Commercial Paper of K- Electric

MG News | March 13, 2020 at 04:39 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

March 13, 2020: VIS Credit Rating Company Limited has finalized the rating of single A One Plus assigned to K-Electric Limited’s proposed Islamic Commercial Paper (ICP-5) issue of up to Rs 4.295 billion.

The ICP-5 will have a tenor of 6 months which will be utilized for funding KE’s working capital requirements. Previous rating action was announced on Feb 10, said press release on Friday.

VIS

Related News

PSX Closing Bell: Good Times Roll

Fauji Foods delivers highest-ever H1 revenue at Rs16.8bn

Fauji Foods profit drops 24% in 1HCY26 despite revenue growth

Name	Price/Vol	%Chg/NChg
KSE100	177,973.55 339.72M	-0.16% -288.78
ALLSHR	107,718.29 649.03M	-0.11% -119.15
KSE30	53,222.65 80.00M	-0.23% -125.02
KMI30	251,471.87 108.51M	-0.02% -38.50
KMIALLSHR	69,132.54 434.52M	-0.06% -41.32
BKTi	50,777.13 13.73M	-0.56% -287.60
OGTi	35,209.68 4.31M	-0.11% -38.74

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,535.00	64,810.00 63,035.00	-1430.00 -2.20%
BRENT CRUDE	86.55	88.06 85.81	-1.81 -2.05%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.55 -1.44%
ROTTERDAM COAL MONTHLY	120.00	0.00 0.00	0.25 0.21%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	81.23	82.43 80.60	-1.38 -1.67%
SUGAR #11 WORLD	14.56	14.75 14.54	-0.21 -1.42%