Ahmed & Qazi acted as transaction legal counsel to InfraZamin Pakistan and HABIBMETRO Bank in a PKR 800 million structured trade facility provided to Jaffer Business Systems for the purpose of funding IT infrastructure in Pakistan.
The facility will be disbursed by HABIBMETRO, and will be 75% guaranteed by InfraZamin Pakistan, constituting IZP’s first short-term guarantee.
The transaction will enable Jaffer Business Systems to expand its business and provide equipment, infrastructure, and IT solutions to its client base, particularly banks and large multinationals, and will contribute significantly to Pakistan’s economic and digital growth.
Veqar Islam, CEO of Jaffer Business Systems: “JBS is growing at an aggressive pace both locally and internationally. It has a bold vision for 2030 and the partnership with Infrazamin and HABIBMETRO will act as one of the key drivers to strongly push towards the vision of 2030.”
Maheen Rahman, CEO of InfraZamin Pakistan: “We are proud to partner with Jaffer Business Systems and HABIBMETRO to support trade finance, IT infrastructure and digital economy growth.”
A&Q team for this matter was led by Altan Ahmed (Managing Associate) who was supported by a team of associates at the firm.
