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Bank Alfalah Reports a 17.50% Decline in Profits During 2020 - Vimarsana News

Bank Alfalah Reports a 17.50% Decline in Profits During 2020

Bank Alfalah Reports a 17.50% Decline in Profits During 2020 Bank Alfalah Limited announced its financial results for the year ended December 2020. The Board of Directors of Bank Alfalah Limited, in its meeting held on February 3, 2021, approved the bank’s audited financial statements for the year ended December 31, 2020. The bank reported a decline of 17.50 percent in its profits for the above mentioned period. The profit after tax was reported at Rs. 10.47 billion as compared to Rs. 12.69 billion in 2019. According to a statement issued by the bank, subjective provisioning and general pro...

Panther Tyres raises Rs2.63b in IPO - Vimarsana News

Panther Tyres raises Rs2.63b in IPO

Panther Tyres raises Rs2.63b in IPO Financing will be utilised for expansion of its tyre, tube manufacturing capacity 10 of 20 funds outperformed benchmark 100 index. PHOTO: FILE Panther Tyres Limited raised funds worth Rs2.63 billion through auction of 40 million shares to institutional, rich individual and retail investors at the Pakistan Stock Exchange (PSX) on Thursday. The financing will be utilised for expansion of its tyre and tube manufacturing capacity. The company got a share price of Rs65.8 each during the two-day (Jan 27-28) bidding process, which is better known as book building...

Investegate |United Utilities Grp Announcements | United Utilities Grp: Publication of Final Terms - Vimarsana News

Investegate |United Utilities Grp Announcements | United Utilities Grp: Publication of Final Terms

For further information, please contact Brendan Murphy, Treasurer, United Utilities Group PLC, on 0345 070 2426. United Utilities Group PLC's ordinary shares trade on the London Stock Exchange and its ADRs, each equal to two ordinary shares, trade over the counter under the Trading Symbol 'UUGRY'. DISCLAIMER - INTENDED ADDRESSEES Please note that the information contained in the Final Terms may be addressed to and/or targeted at persons who are residents of particular countries (specified in the offering circular for the United Utilities PLC and United Utilities Water Finance PLC multi-issuer...

Heartland completes bond placement - Vimarsana News

Heartland completes bond placement

Mortgage Business Heartland Australia Group has completed a senior unsecured bond placement of $75 million. Heartland Australia Group, the subsidiary company of Australian Securities Exchange-listed Heartland Group Holdings, has completed a senior bond placement of $75 million with an undisclosed Australian fixed income investor.  The placement marks the third issuance under Heartland Australia’s Medium-Term Note program, bringing aggregate outstanding issuance to $220 million.  The funds will be initially used to fund Heartland Group’s reverse mortgage loans, diversifying the funding b...

Power Finance Corporation launches issue of USD 500 mn 3.35% Notes due 2031 - Vimarsana News

Power Finance Corporation launches issue of USD 500 mn 3.35% Notes due 2031

Power Finance Corporation launched issuance of U. S.$500,000,000 3.35 per cent notes due 2031 under the U. S.$5,000,000,000 Global Medium Term Note Programme. The Notes have been priced on 21 January 2021 and carry a coupon of 3.35% per annum payable in arrear on each Interest Payment Date. The settlement date for the Notes is expected to be 29 January 2021. Unless previously redeemed pursuant to the terms and conditions of the Notes, the Notes will mature on 16 May 2031 and principal and interest payments will be made in U. S. Dollars. The Notes will be listed on the Singapore Exchange Secu...