Press Release

VIS Matures Rating of Short Term Sukuk 2 of Pakistan Telecommunication Company Limited

Karachi, July 24, 2024: VIS Credit Rating Company Limited (VIS) has matured rating of Pakistan Telecommunication Company Limited (‘’PTCL’’ or ‘’the Company’’) Short Term Sukuk (STS-2) issue amounting to PKR 10 bln inclusive of a green shoe option of PKR 5 bln. Issuance and maturity dates of the instrument were January 18, 2024 and July 18, 2024, respectively. Previous rating action was announced on May 27, 2024.

For further information on this ratings announcement, please contact 021-35311861-64 or email at info@vis.com.pk.






























Applicable Rating Criteria:
Applicable Rating Criteria: Policy for Suspension and Withdrawals of Ratings
https://docs.vis.com.pk/docs/policy_withdrawal.pdf

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