September 12, 2007	Wednesday	Sha'aban 29, 1428

KARACHI, Sept 11: Referring to a report headlined ‘PIA to float Rs25 billion Sukuk bonds’ which appeared in Dawn’s Sept 8 issue, a press release says that PIA is in the process of raising Rs2 billion from three years Sukuk bonds.

“Furthermore, as part of the financial restructuring approved by the government of Pakistan, PIA has invited proposals from banks / financial institutions to re-profile its non-fleet debt of Rs26.5 billion.”