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PCAL issues Rs4bn Short-Term Sukuk

PCAL Pakistan Cables Limited
Rs. 167.90 -0.34%

May 07, 2026 (MLN): Pakistan Cables Limited (PSX:PCAL) has successfully issued rated, unsecured, and privately placed Short Term Sukuk worth Rs. 4,000,000,000 (Rupees Four Billion Only), with a tenor of six months aimed at meeting the company's working capital requirements.

The instrument has been assigned an A-1 rating by VIS Credit Rating Agency, reflecting strong short-term creditworthiness.

The aforementioned was disseminated through a notification to Exchange.