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Jahangir Siddiqui and Co. Ltd redeems TFC VIII | Apr-14; PACRA withdraws Instrument Ratings

May 9, 2019

Lahore, May 09, 2019 (PPI-OT): Jahangir Siddiqui and Co. Ltd. issued a secured, Term Finance Certificate (TFC VIII) of PKR 750mln in Apr-14 for a tenor of 5 years. The Instrument due for final redemption on 08 April, 2019 has been fully redeemed. Thus, PACRA withdraws the debt instrument rating of ‘AA+’ assigned to TFC-VIII| Apr-14 with immediate effect.

For more information, contact:
Analyst
The Pakistan Credit Rating Agency Limited (PACRA)
Awami Complex, FB1, Usman Block New Garden Town,
Lahore – Pakistan
Tel: +9242 586 9504 -6
Fax: +9242 583 0425
Email: hammad.rashid@pacra.com
Web: www.pacra.com

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