PSX Holds Gong Ceremony to Mark Issuance & Listing of PHL PES II

Karachi: Pakistan Stock Exchange (PSX) held a gong ceremony today to mark the successful book building and listing of Power Holding Limited’s (PHL’s) Rs 200 Bn Pakistan Energy Sukuk II (PES II). The book building process managed by Pakistan Stock Exchange, was a landmark event which concluded on May 19,… Continue reading

PHL SUKUK ISSUE LAUNCHED THROUGH PSX

Karachi: Power Holding Limited (PHL), a public sector entity fully owned by the Ministry of Energy, is issuing a debt instrument to address the liquidity constraints being faced by Pakistan’s power sector. This will be the first ever debt issuance through book building in PSX’s history and represents an important… Continue reading