Business Blog
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REFILE-Pakistan's K-electric plans to raise up to 22 bln rupees via sukuk
(Refiles to say, in headline, the issuance is in rupees, not
converted amount in dollar)
By Bernardo Vizcaino
June 26 (Reuters) - Karachi-based utility K-Electric
KELE.KA plans to raise as much as 22 billion rupees ($223.1
million) through Islamic bonds to refinance existing debt, the
latest transaction in Pakistan&aposs reviving Islamic debt capital
market.
The sukuk, which
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