Ahmed & Qazi

A&Q engaged for PKR 2.4b restructuring transaction

A&Q has been engaged by a leading bank for the restructuring of a PKR 2.4 billion facility availed by a steel company.

The borrower will transfer three (3) properties located in Karachi and Islamabad to the bank to settle debt of PKR 2.2 billion while the remaining PKR 200 million will be rescheduled.

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