Term Finance: LSE approves formal listing of Engro certificates

Trading in the TFCs of the company will start at LSE from November 4, 2011.


Express November 02, 2011

LAHORE:


Lahore Stock Exchange (LSE) has approved the application for formal listing and quotation of second issue of rated, listed and secured term finance certificates (TFCs) of Rs2.75 billion inclusive of green shoe option of Rs754.8 million of Engro Corporation Limited on completion of formalities required under the Listing Regulations of the Exchange.


Trading in the TFCs of the company will start at LSE from November 4, 2011.

TFCs of the company have already been declared eligible security by the Central Depository Company of Pakistan Limited.

Published in The Express Tribune, November 3rd, 2011.

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