December 23rd, 2016
Meezan Bank is pleased to announce that all of our branches will be accepting applications for the issue of Initial Public Offer of Rated, Listed and Secured SUKUK of Fatima Fertilizer Limited during banking hours on December 29, 2016.
The Bank will accept the application forms from Meezan Bank account holders as well as account holders of other banks for the IPO of FFCL SUKUK. SUKUK is priced at the face value of PKR 5,000 per certificate and minimum subscription amount will be PKR 5,000/-. Subscription money must be paid by cheque drawn on applicant’s own bank account or pay order/bank draft payable to one of the bankers to the Issue “IPO of FFCL Sukuk – Public Subscription” and crossed “A/C PAYEE ONLY.
Incase the issue is over-subscribed in terms of amount then all applications shall be accommodated initially for the applicants who have applied for face value of PKR 5,000/- each and balance SUKUKs will be allotted on pro-rata basis to all applicants who have applied for SUKUKs in multiples of PKR 5,000/-.
Prospectus and application forms can be downloaded from the links mentioned below and are also available at all Meezan Bank’s branches across Pakistan.
For any query, please contact our 24/7 Call Centre at 111-331-331 & 111-331-332.
Prospectus/Application Link:
http://fatima-group.com/news_detail.php/sukuk-of-fatima-fertilizer-company-limited
Note: Please ensure compliance of Terms & Conditions mentioned in the application form.