A syndicate of lenders have engaged A&Q in the extension of syndicated Islamic and conventional finance facilities of PKR 4 billion to a leading electric cable manufacturer.
The borrower will utilize the facilities to meet the cost overruns in the project expansion on account of changes in macroeconomic conditions.
Apart from drafting finance documents, A&Q scope will also include conducting a comprehensive due diligence over certain properties to be mortgaged to secure the facilities.
A&Q team is led by Nazif Ahmed (Head — Corporate).
