Ahmed & Qazi

A&Q ACTED AS SYNDICATE LENDERS’ COUNSEL IN A PKR 1.4 BILLION REVOLVING FACILITY TO A SUGAR MILL IN SARGODHA, BASED ON THE ISTISNA MODE OF ISLAMIC FINANCE

Ahmed & Qazi is pleased to announce that it has successfully closed a PKR 1.4 billion shariah-compliant hashtag#Istisna debt finance facility extended by a syndicate of banks and financial institutions to a hashtag#sugar mill in Sargodha.The facility was designed as a revolving limit, with each principal repayment...

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A&Q ACTED AS LENDERS’ COUNSEL IN A PKR 1.5 BILLION SYNDICATED ISLAMIC FACILITY, WITH A DUAL ACCORDION FEATURE OF PKR 500 MILLION, TO A SINDH-BASED SUGAR CONGLOMERATE

Ahmed & Qazi is pleased to announce that it has successfully closed a PKR 2 billion hashtag#Islamic debt finance facility extended by a syndicate of four banks & financial institutions to a leading Sindh-based hashtag#sugar conglomerate for the purpose of 🏭🏭 Balancing, Modernization & Replacement.💹📈 Initially amounting...

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A&Q ACTED AS LENDERS’ COUNSEL IN AN INNOVATIVE PKR 800 MILLION GUARANTEED FACILITY PROVIDED TO JAFFER BUSINESS SYSTEMS TO FUND I.T. INFRASTRUCTURE IN PAKISTAN

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...

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A&Q ACTED AS COUNSEL IN A PKR 138.19 BILLION SUKUK ISSUE ON PSX, COMPRISING VARIABLE RATE CERTIFICATES, FIXED RATE CERTIFICATES, & FIXED RATE DISCOUNTED CERTIFICATES

Ahmed & Qazi is pleased to announce that it has acted as transaction legal counsel in the issue of PKR 138.19 billion listed sukuk certificates by way of public offering on the Pakistan Stock Exchange by the Ministry of Finance, Government of Pakistan.Based on an ijarah structure,...

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PKR 3.5B SBL Omni Restructurings Closed Today

Today, representing Sindh Bank, A&Q has successfully completed the restructuring of PKR 3.5 billion liabilities of three Omni Group companies, namely Chambar Sugar Mills, Larr Sugar Mills and New Thatta Sugar Mills. The restructured facilities had been extended to these companies as part of a GOS Scheme for the Revival of...

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PKR 4B SBL Omni Restructuring of 15 Facilities Closed Today

Today, representing Sindh Bank, A&Q has successfully completed the restructuring of PKR 4 billion liabilities of two Omni Group companies, namely Chambar Sugar Mills and Larr Sugar Mills. The restructured liabilities arose from 15 facilities which included long-term, cash finance and lease finance facilities. The deal required a number of complex...

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FAUJI COMPLETES ACQUISITION OF AGRITECH FROM NBP

Fauji Fertilizer (FFC) has successfully completed the purchase of National Bank of Pakistan's stake in Agritech Limited, which includes:(A) 106,014,633 ordinary voting shares,(B) 61,748,756 convertible, redeemable, cumulative, preference shares, and(C) 248,639,905 non-convertible, redeemable, cumulative, preference shares.Ahmed & Qazi represented National Bank of Pakistan in this deal, providing...

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