US EditionPREMA to raise Rs750m through private placement of Islamic Sukuk
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PREMA to raise Rs750m through private placement of Islamic Sukuk
April 08, 2025 (MLN): At-Tahur Limited (PSX: PREMA) is in the process of raising funds through a privately placed Islamic Sukuk worth Rs750 million, the company's filing on PSX revealed today. The term sheet of the Sukuk is as follows: Instrument Type Rated, Secured, Privately Placed Sukuk Purpose To Finance Working Capital Requirements Issue Amount Up to Rs750m (inclusive of a Green Shoe Option of Rs150m) Pricing 9M KIBOR + 150 BPS Tenor 9…
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