PMIC issues a Rated, Unsecured, Privately Placed Commercial Paper

Date: September 18, 2025

Pakistan Microfinance Investment Company Limited (PMIC) has successfully issued its first PKR 2.5 Billion Commercial Paper. This step not only marks PMIC’s entry into Pakistan’s capital markets but also aides PMIC to diversifies its funding base. This achievement goes beyond finance.

-Unlocking liquidity for the microfinance sector.
-Strengthening resilience against climate and economic shocks.
-Empowering women borrowers who are disproportionately affected by climate change.

We are grateful to our trusted partners, Askari Bank (Mandated Lead Advisor & Arranger), Pak Brunei Investment Company Limited (Issue & Paying Agent), Haidermota & Co. (HMCO) (Legal Counsel), VIS Credit Rating Company Ltd. (Rating Agency), and especially to our valued investors:

1. MCB Investment Management Ltd.
2. Alfalah Investments (Asset Management Ltd.)
3. JS Investments Ltd.
4. National Investment Trust Ltd.
5. NBP Fund Management Limited.
6. Pak China Investment Company Limited

This issuance also reflects the enabling role of the SECP (Securities and Exchange Commission of Pakistan) whose robust regulatory framework has paved the way for greater institutional participation in impact-driven financing.

At PMIC, we remain committed to financial inclusion, women’s economic empowerment, and climate resilience, investing in a future where vulnerable communities can adapt, grow, and thrive.