VIS finalizes rating of Islamic Commercial Paper of K- Electric

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

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: Downbeat End

PSX Mid-Day: Down in a Hole

Wahdat's IPO: Crack This Before You Subscribe

Name	Price/Vol	%Chg/NChg
KSE100	172,196.70 597.87M	-1.00% -1742.31
ALLSHR	102,788.51 1,289.61M	-0.98% -1012.43
KSE30	52,320.08 336.69M	-0.93% -489.89
KMI30	247,747.39 257.09M	-1.20% -3008.28
KMIALLSHR	66,763.10 586.54M	-1.14% -772.29
BKTi	48,454.24 164.11M	-0.12% -59.58
OGTi	36,330.85 30.40M	0.12% 45.27

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	76,350.00	76,595.00 73,810.00	-1250.00 -1.61%
BRENT CRUDE	95.04	97.50 92.75	4.66 5.16%
RICHARDS BAY COAL MONTHLY	103.25	0.00 0.00	0.00 0.00%
ROTTERDAM COAL MONTHLY	101.40	101.40 101.40	-0.50 -0.49%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	86.93	89.60 85.45	4.34 5.25%
SUGAR #11 WORLD	13.63	13.73 13.42	0.15 1.11%