Fauji Cement repays Rs 3,367 million of long-term loan early
Financing / RestructuringFauji Cement Company Limited disclosed that it made an early repayment of Rs 3,367 million against its KIBOR-based long-term loan facility from a syndicate of banks. The company expects the repayment to reduce debt service costs.
Key Findings
- Early repayment of Rs 3,367 million was made against a KIBOR-based long-term loan facility.
- The facility was availed from a syndicate of banks.
- The company expects the repayment to reduce debt service costs.
Disclosure Details
Entities Involved
Fauji Cement Company Limited, Syndicate of banks
Amount
Rs 3,367 million
Impact
Expected to reduce the company’s debt service costs.
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
