Bank Alfalah’s Rs20 billion term finance certificate issue fully subscribed
Bank says it has received full subscription amount after State Bank approval and execution of transaction documents
Bank Alfalah Limited has announced that its Rs20 billion Tier 2 capital issue in the form of Term Finance Certificates has been fully subscribed.
In a notice to the Pakistan Stock Exchange on Thursday, the bank said the issuance was completed after final approval from the State Bank of Pakistan and execution of the relevant transaction documents.
The Term Finance Certificates were privately placed and may also be subsequently listed under the Debt Securities Listing Regulations. The aggregate size of the issue is Rs20 billion.
Bank Alfalah said it had received the full subscription amount from investors, while the issue date of the Term Finance Certificates was July 8, 2026.
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