Representing SBL, after the approval of the deal by the Honorable SHC, A&Q has successfully closed a major restructuring of PKR 4.3 billion liabilities of Tando Allayar Sugar Mills Limited, an Omni Group company.The transaction required a number of complex and challenging legal areas to be covered.In order to safeguard...
Representing NBP, upon the approval of the deal by the Honorable SHC today, A&Q has successfully closed a major restructuring of PKR 1.3 billion liabilities of Pak Ethanol Private Limited, an Omni Group company.The transaction required a number of complex and challenging legal areas to be covered.In order to safeguard...
Today, with A&Q as legal counsel, a syndicate of banks successfully closed a PKR 1 billion Islamic term facility to a leading sugar company to fund its capital requirements during the 2023-24 sugar crushing season.The facility was extended on a diminishing musharaka SLB shariah structure.A&Q team was led by Nazif...
Today, a leading bank successfully closed a PKR 500M term finance facility to a developmental REIT scheme in Karachi.A&Q acted as lender’s counsel and provided end-to-end legal services which included conducting due diligence and then creating mortgage over the REIT land.A&Q team was led by Saim Hashmi (Senior Counsel) and...
A&Q has acted as the legal counsel for the issuance of listed domestic ijarah sukuk certificates by the Ministry of Finance, Government of Pakistan for an aggregate amount of PKR 87 billion on the Pakistan Stock Exchange - PSX. The issue comprises 5 different types of certificates, having tenors of one, three and five...
Today, with A&Q as counsel, a syndicate of three (3) lenders have closed a PKR 2.3 billion facility to a leading NBMFC. The facility involved an initial disbursement of PKR 1 billion with an additional accordion feature of PKR 1.3 billion. A&Q team for the facility was led by Nazif...
Today, with A&Q as financiers’ legal counsel, 5 banks have closed PKR 4B facilities to a leading cable company, comprising: (1) a syndicated long-term conventional facility of PKR 3.15B, and (2) a syndicated long-term Islamic musharaka facility of PKR 850M. The purpose of the facilities is to fund project cost...
Three leading banks have engaged A&Q as counsel for 3 bilateral facilities for an aggregate amount of PKR 2.5B for a Punjab based sugar company. The facilities will be disbursed to sugarcane farmers for the purpose of meeting the capital requirements of the borrower during the 2023 crushing season. A&Q...
A&Q has been engaged by the Joint Financial Advisors as the legal counsel for the issuance of domestic ijarah sukuk certificates by the Ministry of Finance, Government of Pakistan for an amount of up to PKR 30 billion. The sukuk is set to be the first/debut issue by the GoP...
Yesterday (7 November), a leading bank engaged A&Q as legal counsel for a long-term finance facility of PKR 500 million to be extended for a developmental REIT set up on the direct investment structure, which shall be mainly secured through mortgages over the project land. Located at Karachi, the REIT involves...