2nd Privately Placed Commercial Paper Issuance

Date: April 10, 2026

Pakistan Microfinance Investment Company Limited (PMIC) is pleased to announce the successful issuance of its second PKR 3,000 million Rated, Unsecured, Privately Placed Commercial Paper, marking our continued presence and growing acceptance in Pakistan’s capital markets. Expanding the issuance by PKR 500 million over PMIC’s inaugural transaction, this offering was oversubscribed and achieved improved pricing, signalling growing investor confidence and strengthening market traction.

This milestone highlights the increasing role of capital markets in advancing inclusive, gender-focused finance. It also reflects strong confidence from institutional investors, including ABL Funds, NBP Fund Management Limited and Pak China Investment Company Limited reinforcing the viability of directing private capital toward high-impact development outcomes.

With United Bank Limited acting as Mandated Lead Advisor & Arranger, the transaction demonstrates how structured instruments can effectively bridge commercial investment objectives with development priorities.

We extend our sincere appreciation to our trusted partners UBL – United Bank Limited (Mandated Lead Advisor & Arranger), Pak Oman Investment Company Ltd (Issue & Paying Agent), Haidermota & Co. (HMCO) (Legal Counsel), and VIS Credit Rating Company Ltd. (Rating Agency) for their continued collaboration.

This issuance also reflects the enabling role of the Securities and Exchange Commission of Pakistan, whose robust regulatory framework continues to facilitate greater institutional participation in impact-driven financing.

“Our continued access to capital markets underscores PMIC’s credibility as a disciplined and impact-driven issuer. Through this issuance, we are scaling our efforts to mobilize capital for women-focused finance and climate resilience, delivering both financial strength and sustainable impact.” Yasir Ashfaq, CEO, PMIC.