Ahmed & Qazi

A&Q closes PKR 725m Sukuk restructuring!

A&Q has acted as legal counsel to a syndicate of subscribers for the restructuring and rescheduling of a PKR 725 million sukuk issued by Shakarganj Food Products Ltd. for the purpose of expansion of its dairy and juice facilities.

The syndicate was led by Pak Oman Investment Company Ltd while other subscribers comprise insurance companies, funds of asset management companies, and various other NBFCs.

A&Q team was led by Nazif Ahmed (Head — Corporate).