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

Federal govt appoints Pak-Qatar Family Takaful Pension Fund Manager

KTML approves 48.36 MW battery storage installation

PSX to remain closed on August 14 for Independence Day

Name	Price/Vol	%Chg/NChg
KSE100	179,980.19 264.82M	-0.73% -1330.09
ALLSHR	108,839.73 606.85M	-0.51% -562.60
KSE30	53,636.00 72.64M	-0.68% -369.86
KMI30	253,627.21 85.95M	-0.82% -2097.98
KMIALLSHR	69,794.62 424.74M	-0.60% -421.66
BKTi	52,071.19 20.29M	-0.32% -169.05
OGTi	35,592.09 10.02M	-0.56% -201.17

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,120.00	64,270.00 63,880.00	0.00 0.00%
BRENT CRUDE	89.95	89.98 87.41	2.23 2.54%
RICHARDS BAY COAL MONTHLY	105.50	0.00 0.00	-4.00 -3.65%
ROTTERDAM COAL MONTHLY	120.00	0.00 0.00	-1.25 -1.03%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	84.39	84.41 81.91	2.26 2.75%
SUGAR #11 WORLD	16.47	16.51 16.33	0.00 0.00%