Karachi: VIS Credit Rating Company Limited (VIS) has finalized the rating for Pakistan Telecommunication Company Limited's (PTCL) Short Term Sukuk-6, valued at PKR 10 billion. The issuance and maturity dates for this financial instrument were July 15, 2024, and January 15, 2025, respectively.

According to a statement by VIS Credit Rating Company Limited, the previous rating action for this Sukuk was announced on September 16, 2024. This recent action completes the rating process for the Short Term Sukuk-6, which is part of PTCL's financial strategies.

The conclusion of the rating provides important information for stakeholders and investors involved with PTCL's financial instruments, ensuring transparency and informed decision-making.