CLOSING OF SOLAR PROJECT FINANCE
Led by Nazif Ahmed (Head — Corporate) and Aroma Ali (Senior Associate), A&Q acted as the project financiers’ legal counsel for this solar project finance deal. K-Solar (Private) Limited, a subsidiary of K-Electric is pleased to announce the successful financial close of our renewable energy venture at Bulleh...
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...
PKR 3.4B PROJECT SBLC CLOSED IN 3 DAYS
Today, with A&Q as legal counsel, a leading bank successfully closed a PKR 3.4 billion project standby letter of credit facility to the majority sponsor of a leading coal production company.The purpose of the SBLC Facility was to secure the sponsor’s equity injection commitments towards the financiers of the coal...
A&Q ENGAGED FOR PKR 650M ISLAMIC REIT FINANCE
A leading Islamic bank has engaged A&Q for a PKR 650M shariah compliant musharaka facility that it plans to extend to a developmental REIT Scheme for the purpose of construction of the grey structure of three residential & commercial towers.As part of its scope, A&Q is conducting a comprehensive due...
A&Q ENGAGED BY TWO BANKS FOR PKR 600M RESTRUCTURING
A&Q has been engaged by two banks for bilateral restructuring of liabilities of a poultry and ruminant feed company, for an aggregate amount of PKR 600M.The restructuring involves sponsor support commitment as well as a comprehensive collection account and distribution mechanism across all the R/R lenders.A&Q team for these matters...
A&Q CLOSES LIBOR TO SOFR TRANSITION: CROSS-BORDER PROJECT FINANCE
Representing Islamic Corporation for the Development of the Private Sector (ICD), The OPEC Fund for International Development and DEG Deutsche Investitions und Entwicklungsgesellschaft mbH, A&Q successfully closed the transition from London Inter-Bank Offer Rate (LIBOR) to the Secured Overnight Financing Rate (SOFR) in relation to the following...
SIEMENS RETAINS A&Q
Siemens Pakistan has retained A&Q as its legal counsel for day-to-day advice and services.
REPRESENTING SINDH BANK, A&Q CLOSES PKR 4.3B OMNI GROUP COMPANY RESTRUCTURING
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, A&Q CLOSES PKR 1.3B OMNI GROUP COMPANY RESTRUCTURING
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...