Neelum Jhelum Hydropower Company (Private) Limited (NJHPC) 

Sukuk will be unlisted, privately placed having a tenor of 10 years (inclusive of a grace period of 2 years) and will be used to fund the NJHPP. Sukuk will have semi-annual principal and rental payments and draw down is planned in three tranches. Guaranteed by the President Islamic Republic of Pakistan (on behalf of the Government of Pakistan) covering issue amount of the Sukuk along with profit payments.  

0, 113 basis points over the 6-month KIBOR

Structure Document

 

100 billion rupees 

PKR 

21 April 2026 

Pakistan 

10 Years 

21 April 2016 

JCR-VIS: AAA 

 

National Bank of Pakistan ,