FLASHNEWS:

VIS Matures Rating of Short Term Sukuk (STS-9) of K-Electric Limited

Karachi, March 22, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has matured rating of K-Electric Limited’s (KE) Short Term Sukuk (STS-9) issue amounting Rs. 5.0 billion. Issuance and maturity dates of the instrument were September 21, 2022 and March 21, 2023, respectively. Previous rating action was announced on September 30, 2022.

For more information, contact:
Director Compliance and Rating Analytics,
VIS Credit Rating Company Limited
VIS House, 128/C, 25th Lane off Khayaban-e-Ittehad,
Phase VII, DHA, Karachi, Pakistan
Tel: +92-21-35311861-72
Fax: +92-21-35311873
Email: bilal@jcrvis.com.pk
Website: https://www.vis.com.pk/